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Bombay High Court sanctions RIL – RPL merger

Posted on: June 29th 2009 in Stock News.

MUMBAI: The Bombay High Court today sanctioned the merger of Reliance Industries Ltd and Reliance Petroleum, but stayed its own order to enable those who are against the merger to file an appeal. Anup Sheth and two others had filed applications, objecting to the merger scheme in the pre…

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