Reliance-Future Group Agreement approved by SEBI; Also approved by the Bombay Stock Exchange

Capital market regulator Sebi on Wednesday approved a plan to sell its assets to Reliance to Future Group. Following this, the Bombay Stock Exchange also raised Rs 24,713 crore.

Approved to meet the conditions

Amazon has written a number of letters to the Securities and Exchange Board of India (SEBI) and other regulatory bodies, requesting that the deal not be allowed.

Reliance Jio Mart – Product orders can be ordered from WhatsApp, the company is preparing

The Securities and Exchange Board of India has ratified the agreement with certain conditions. The deal was announced in August last year. BSE said Future-Reliance Group’s approval of SEBI’s approval of the deal depends on the outcome of cases pending in court.

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