The Exchange has sought clarification from Reliance Capital on April 22, 2016 with reference to the news appeared on CNBC TV18 stating, ‘Reliance Group likely to finalize sale of radio biz, Big FM Radio soon. Reliance capital holds 90% stake in 92.7 Radio BIG FM biz., Valuation of BIG FM Radio Pegged of 1500-1800 Cr.’
The above information is a part of company’s filings submitted to BSE.