Reliance Capital gets SEBI nod to sell stake in asset management arm

Reliance Capital has received SEBI approval for the proposed 26 per cent stake sale in Reliance Capital Asset Management (RCAM). Nippon Life Insurance had earlier this year signed final agreements with Reliance Capital to acquire 26 per cent stake in RCAM for Rs 1,450 crore.

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Reliance Capital SEBI

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