Reliance Retail News: ET first reported on 12 April that Reliance was planning to monetise the warehousing and logistics assets of its retail business through an InvIT and that the group had set up a trust under the name of Intelligent Supply Chain Infrastructure Trust for this purpose.
: Reliance Retail Ventures Ltd, the retail business of Mukesh Ambanis Reliance Industries Ltd, is looking to raise Rs3,048 crore through an infrastructure investment trust (InvIT) of its warehousing and logistics infrastructure assets, shows a draft document filed with Sebi.
Reliance Retail, which is the largest retailer by revenue, scale and profit, has registered a trust, Intelligent Supply Chain Infrastructure Trust, for the same.