Reliance Industries Ltd to acquire 100% in MSKVY Nineteenth Solar SPV Ltd

The Board of Directors of Reliance Industries Limited, at its meeting held today, approved that 100% equity shares of MSKVY Nineteenth Solar SPV Limited and MSKVY Twenty-second Solar SPV Limited be acquired from MSEB Solar Agro Power Limited in accordance with the terms of the tender awarded to the Company for setting up of aggregate solar capacity of 128 MW across various sites in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.

Shares of Reliance Industries Limited was last trading in BSE at Rs. 2909.90 as compared to the previous close of Rs. 2901.30. The total number of shares traded during the day was 562484 in over 15427 trades.

The stock hit an intraday high of Rs. 2920.00 and intraday low of 2895.35. The net turnover during the day was Rs. 1636311906.00.

Source : Equity Bulls

Keywords

RelianceIndustries INE002A01018 RIL Acquisition MSKVY SPVs