Reliance New Energy Solar Ltd. acquisitions and stake purchases
Reliance New Energy Solar Ltd. (RNESL) , a wholly owned subsidiary of Reliance Industries Ltd. has to acquire a British battery enterprise Faradion Limited. Faradion Ltd. manufactures sodium ion batteries. For this acquisition, RNESL is going to pay 100 Million Pounds as purchase consideration to Faradion Ltd. Faradion Ltd. is one of the leading global …
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