Reliance Industries Ltd.

BSE: 500325 | NSE: RELIANCE
Large Cap | Refineries
1437.85
47.70 (3.43%)
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Reliance Industries informs about company updates

Date: 26-12-2018

Further to the previous communication dated June 29, 2018 regarding acquisition of Radisys Corporation (RSYS) (NASDAQ: RSYS), Reliance Industries has informed that the Company has completed acquisition of 100% stake of RSYS through a special purpose vehicle (SPV) set up in US for cash consideration aggregating to approximately $75 million equity value, based on current outstanding and dilutive equity share impact.

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