SEBI approves Future-Reliance deal - Daijiworld com daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
SEBI approves Reliance-Future deal, BSE grants no-adverse-observation status
The Securities and Exchange Board of India allowed the deal with some riders, five months after it was announced last August
PTI | January 21, 2021 | Updated 07:55 IST
Market regulator SEBI gave a go-ahead on Wednesday to Future Group s scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its no adverse observation report to the Rs 24,713-crore deal. Amazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no objection certification on ground that its challenge to the agreement was before the Delhi High Court.
Rs 24,700 crore Reliance-Future deal gets SEBI nod, BSE grants no-adverse-observation status freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Mumbai (Maharashtra) [India], January 21 (ANI): The Securities and Exchange Board of India (SEBI) has approved the Rs 24, 713 crore deal between Kishore Biyani-led Future Group and Reliance Retail.