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Code: 500390
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Code: RELINFRA
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Reliance Infra completes sale of cement business to Birla Corp

BS Reporter / Mumbai 22 Aug 16 | 07:10 PM

Reliance Infrastructure said it completed sale of Reliance Cement to Birla Corporation, the flagship Company of the MP Birla Group.

The Rs 4,800-crore deal for 5 mt capacity business was announced in February 2016 and has now been completed with transfer of hundred percent shares and receipt of sale consideration.

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