{"id":305799,"date":"2019-12-16T11:54:13","date_gmt":"2019-12-16T06:24:13","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=305799"},"modified":"2019-12-16T12:04:50","modified_gmt":"2019-12-16T06:34:50","slug":"ril-arm-buys-51-78-stake-in-asteria-aerospace","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-arm-buys-51-78-stake-in-asteria-aerospace\/","title":{"rendered":"RIL arm buys 51.78% stake in Asteria Aerospace"},"content":{"rendered":"<p>Reliance Industries on Friday said its wholly-owned subsidiary Reliance Strategic Business Ventures Ltd (RSBVL) has acquired over 51 per cent stake in Asteria Aerospace for \u20b923.12 crore.<\/p>\n<p>\u201cRSBVL has acquired equity shares of Asteria Aerospace for a cash consideration of \u20b923,12,49,584. The said investment represents 51.78 per cent holding in the equity share capital of Asteria,\u201d Reliance Industries Ltd (RIL) said in a BSE filing. The investment will further enable the group\u2019s initiatives in emerging technology, it added.<\/p>\n<p>RSBVL proposes to make a further investment of up to \u20b9125 crore, and is expected to be completed by December 2021, it said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries on Friday said its wholly-owned subsidiary Reliance Strategic Business Ventures Ltd (RSBVL) has acquired over 51 per cent stake in Asteria Aerospace for \u20b923.12 crore. \u201cRSBVL has acquired equity shares of Asteria Aerospace for a cash consideration of \u20b923,12,49,584. The said investment represents 51.78 per cent holding in the equity share capital of Asteria,\u201d Reliance Industries Ltd (RIL) said in a BSE filing. The investment will further enable the group\u2019s initiatives in emerging technology, it added. RSBVL proposes to make a further investment of up to \u20b9125 crore, and is expected to be completed by December 2021, it [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-305799","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=305799"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/305799\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=305799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=305799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=305799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}