“Reliance Communications has informed BSE that a meeting of the board of directors of the company will be held on 2 November, inter alia, to consider a scheme of arrangement for demerger of telecom business undertaking of Sistema Shyam Teleservices into the company,” R-Com said in the notification.
In July, R-Com said it is in talks to acquire the assets of Sistema Shyam TeleServices in an all-stock deal.
R-Com is likely to allocate around 8-10% of its equity share capital in exchange for...
MTS to be merged with Rcom: Reports
In July, R-Com said it is in talks to acquire the assets of Sistema Shyam TeleServices in an all-stock deal.
R-Com is likely to allocate around 8-10% of its equity share capital in exchange for...
MTS to be merged with Rcom: Reports