New Delhi: Reliance Industries and its group companies have announced an open offer to acquire an additional 26% stake in Hathway Cable and Datacom Ltd. Jio Content Distribution, Jio Internet Distribution Holdings along with Reliance Industries and a clutch of group companies "have announced an open offer for acquisition of up to 46,02,27,170 fully paid up equity shares.from public shareholders …
Reliance Industries Ltd has made two strategic investments in Den Networks Ltd and Hathway Cable and Datacom Ltd. RIL made an investment of ₹ 2,290 crore for 66% stake in Den and ₹ 2,940 crore for 51.3% stake in Hathway. Reliance Jio Infocomm Ltd’s deals with Den Networks Ltd and Hathway Cable and Datacom Ltd may not only allow the …
