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Reliance to offload 11 61% stake in Hathway Cable

Reliance to offload 11.61% stake in Hathway Cable SECTIONS Last Updated: Apr 23, 2021, 07:16 PM IST Share Synopsis Exchange filings showed that Jio Futuristic Digital Holdings, Jio Digital Distribution Holdings and Jio Television Distribution Holdings together will sell 20.54 crore shares, or 11.61% stake. The OFS by India’s most valuable company will open for non-retail investors on Monday and for retail buyers on Tuesday. Related NSE Reliance Industries will once again offload stake in Hathway Cable through offers for sale (OFS) to comply with Sebi’s minimum public holding norms. The OFS by India’s most valuable company will open for non-retail investors on Monday and for retail buyers on Tuesday.

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