October 10, 2026
Business

Behind Reliance Industries’ sale of a step-down unit, an OFCD route(Soban News)

A ₹274-crore sale of a third-layer subsidiary by Reliance Industries to a former associate, Jaipur Enclave, in April had set off governance questions on related party transactions. It has now emerged that Reliance lent Jaipur Enclave ₹273.75 crore in convertible debt through another subsidiary.

​A ₹274-crore sale of a third-layer subsidiary by Reliance Industries to a former associate, Jaipur Enclave, in April had set off governance questions on related party transactions. It has now emerged that Reliance lent Jaipur Enclave ₹273.75 crore in convertible debt through another subsidiary. by Soban News (international And National News)

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