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Reliance Communications informs about outcome of board meeting

25 Jun 2016 Evaluate

Reliance Communications has informed that the Board of Directors of the Company at its meeting held on June 24, 2016, has approved a Scheme of Arrangement between the Company and Reliance Telecom Limited (RTL), a wholly owned subsidiary of the Company, for demerger of Telecom Undertaking consisting of 5 License Service Area of RTL into the Company, subject to requisite approvals.

The above information is a part of company’s filings submitted to BSE.

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