ADAG loses plea against Edelweiss

Mumbai: The Bombay High Court rejected Anil Ambani led Reliance Group petition seeking relief against pledged share sale by Edelweiss Financial Services Group.

Anil Dhirubhai Ambani Group (ADAG) had moved the Bombay High Court seeking a stay on the sale of pledged shares of its three listed firms — Reliance Power, Reliance Infra and Reliance Capital by Edelweiss Group.

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