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Sensex 73,995.78 -0.15% ↓ Nifty 22,940.40 -0.12% ↓ 22k Gold ₹ 13,735/gm Silver ₹ 2,50,000/kg Petrol ₹ 103.54 Diesel ₹ 90.03 LPG ₹ 912.50 Crude Oil $ 111.52 USD ₹ 92.97
Home News Business
To Spin Off O2C Business; Saudi Aramco Deal Not Progressed As Per Timeline
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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 As Per Timeline
To Spin Off O2C Business; Saudi Aramco Deal Not Progressed As Per Timeline

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.

GoodReturns.in

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Story first published: Wednesday, July 15, 2020, 15:17 [IST]
See More On: reliance industries
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