Reliance Industries restructures AI subsidiary; Meta to own 30% stake after allotment — Here’s what you need to know

New Delhi , February 25 (ANI): Reliance Industries Restricted knowledgeable the inventory exchanges that Reliance Enterprise Intelligence Restricted (REIL) has ceased to be a step-down wholly owned subsidiary of the corporate following a recent fairness allotment. In a disclosure submitted to the exchanges beneath SEBI's Regulation 30 (Itemizing Obligations and Disclosure Necessities) Laws, 2015, Reliance Industries Restricted acknowledged that REIL allotted 85,31,75,000 fairness shares of face worth ₹10 every at par.Of the full...

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