Reliance Capital
Stock Market News

Epic Research Update : Reliance Capital

Reliance Capital
Epic Update Reliance Capital

Announces strategic alliance with Sumitomo Mitsui Trust Bank of Japan (Japan’s fourth largest bank)

Sumitomo Mitsui Trust Bank to take initial 2.77 percent stake in Reliance Capital -2.77 percent stake amounts to Rs 371 crore (USD 58.4 Million) through preferential allotment

Investment at Rs 530/share (Last trading price = Rs 497, a premium of 6.5 percent over Wednesday’s close)

Company to establish New Bank in India with support of Sumitomo Mitsui Trust Bank as strategic partner as and when RBI policy permits

Real Time News & Trading Trends Keep Liking #EpicResearch

FacebookTwitterYouTubePinterestLinkedinGoogle+

For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co

Share Button
Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300
https://www.epicresearch.co/