Reliance Capital has acquired more than 5% voting rights in Azalia Media Services. The company acquired 19.38 lakh equity shares of Azalia Media Services at face value of Rs 10 each.
Reliance Capital is a systemically important non-deposit taking NBFC. The company is part of the Reliance group led by Anil Dhirubhai Ambani. It currently operates as the holding company for the group’s entities in the financial services sector.