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Gaali
Celebrity Bewarse
Username: Gaali

Post Number: 32525
Registered: 03-2004
Posted From: 131.247.54.65

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Posted on Thursday, March 14, 2013 - 9:38 am:   

December 2005: The split is approved as Mukesh gets Reliance Industries & IPCL, and Anil gets Reliance Infocomm, Reliance Energy, and Reliance Capital

The Bombay High Court approved the de-merger for Reliance Industries shareholders after it was accepted by the Bombay Stock Exchange and the National Stock Exchange.

Mukesh Ambani got Reliance Industries and IPCL, while Anil was given control of Reliance Infocomm, Reliance Energy and Reliance Capital.

Some shareholders opposed the decision saying it was more a family arrangement than a business separation.
Totally Bewarse! CLIPART--bath_time

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