Source: Telecomlive

Urban Ladder: RIL in demand after subsidiary buys 96% stake in Urban Ladder

Reliance Industries (RIL) gained 1.43% to Rs 2030.50 after the conglomerate announced that its subsidiary Reliance Retail Ventures (RRVL) has acquired equity shares of Urban Ladder Home Decor Solutions for a cash consideration of Rs 182.12 crore. The said investment represents 96% holding in the equity share capital of UrbanLadder. RRVL has a further option [...]

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Ashish Goel's photo - Co-Founder & CEO of Urban Ladder

Co-Founder & CEO

Ashish Goel

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