{"id":409439,"date":"2021-04-06T11:05:17","date_gmt":"2021-04-06T05:35:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=409439"},"modified":"2021-04-06T11:58:00","modified_gmt":"2021-04-06T06:28:00","slug":"ril-o2c-warming-up-ipo-business-spin-off-paves-way-for-stake-sale-ril-share-price-may-jump-25","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-o2c-warming-up-ipo-business-spin-off-paves-way-for-stake-sale-ril-share-price-may-jump-25\/","title":{"rendered":"RIL O2C warming up IPO? Business spin off paves way for stake sale, RIL share price may jump 25%"},"content":{"rendered":"<p>Mukesh Ambani\u2019s plan to reorganise RIL\u2019s oil-to-chemical business could pave the way for the business unit\u2019s IPO, along with a possible 20% stake sale to Saudi Aramco, as the market improves, said global brokerage and research firm Bernstein in a recent report. RIL has already filed for approval for the reorganisation plan with the NCLT. A decision is expected by the end of September this year. \u201cThe demerger will help facilitate self-funding growth and alignment with potential strategic investors into the O2C business. We believe the separation is also a move towards a potential IPO which will further unlock value for RIL shareholders,\u201d the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani\u2019s plan to reorganise RIL\u2019s oil-to-chemical business could pave the way for the business unit\u2019s IPO, along with a possible 20% stake sale to Saudi Aramco, as the market improves, said global brokerage and research firm Bernstein in a recent report. RIL has already filed for approval for the reorganisation plan with the NCLT. A decision is expected by the end of September this year. \u201cThe demerger will help facilitate self-funding growth and alignment with potential strategic investors into the O2C business. We believe the separation is also a move towards a potential IPO which will further unlock value [&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":[130,195,138],"tags":[],"class_list":["post-409439","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/409439","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=409439"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/409439\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=409439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=409439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=409439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}