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Our Bureau

Mumbai , June 25

The Anil Dhirubhai Ambani Group (ADAG) on Sunday said it received the Bombay High Court's approval for the scheme of amalgamation of Reliance Energy Ventures with Reliance Energy and Reliance Capital Ventures with Reliance Capital.

In separate notices to the Bombay Stock Exchange, the companies said the Bombay High Court has passed the scheme of amalgamation on June 23.

During the one-hour special trading session on Sunday, Reliance Energy shares closed at Rs 463.95 on the BSE, down 1.10 per cent from Friday. Reliance Energy Ventures shares ended flat at Rs 37.90.

Reliance Capital's shares gained 1.18 per cent to close at Rs 522.20, while Reliance Capital Ventures shares closed at Rs 25.50, up 0.99 per cent from Friday.

Related Stories:
Reliance Comm to get listed by March 10 — Other ADAG listing schedules in February
Reliance hands over control of 4 demerged cos to Anil Ambani
Allotment of 4 demerged cos shares complete: RIL

More Stories on : Power | Mergers & Acquisitions | Courts/Legal Issues

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