Reliance Industries Limited (RIL) has agreed to sell its 100% equity stake in REC Solar Norway AS to Norway s Elkem ASA for $22 million. REC Norway, a subsidiary of RIL, manufactures kerf-based polysilicon in Norway. Elkem, a silicon-based material provider, had sales of approximately NOK 45.9 billion in 2022. The transaction is expected to be completed by April 2024
The deal has been approved under the green channel route. Manipal Health Enterprises operates a network of hospitals providing multi-specialty care. It has a presence through 27 hospitals in 14 cities in the country.