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BRIEF-Reliance Communications gets stock exchange, SEBI nod for demerger of wireless business into Aircel
March 15, 2017 / 5:09 AM / 6 months ago

BRIEF-Reliance Communications gets stock exchange, SEBI nod for demerger of wireless business into Aircel

March 15 (Reuters) - Reliance Communications Ltd

* Says Reliance Communications receives stock exchange and SEBI approvals for proposed demerger of wireless business into Aircel Ltd

* Says post closing, the company and the present shareholders of AIRCEL LIMITED will hold 50% each in Aircel Limited.

* Says files application with National Company Law Tribunal for approval of proposed demerger of wireless business into Aircel Source text: bit.ly/2nD5Do6 Further company coverage:

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