For Quick Alerts
For Daily Alerts

To Spin Off O2C Business; Saudi Aramco Deal Not Progressed As Per Timeline


Mukesh Ambani in his 43rd AGM announced that it will approach the NCLT for spinning off its O2C business.

And the targeted timeline for the achievement of this mission is as early as 2021.

To Spin Off O2C Business; Saudi Aramco Deal Not Progressed

This is in a bid to induct multiple investors as part of private investment.

Ambani says the company has been approached by global companies for strategic partnerships with the petrochemicals business. Potential partnerships will help build competitive manufacturing capabilities.

Read more about: reliance industries
Story first published: Wednesday, July 15, 2020, 15:17 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more