Fri, Jun 02, 2017
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Tue, May 02, 2017
RCom, in a BSE filing said, “The shareholders of Reliance Infratel Limited (RITL) – a subsidiary of Reliance Communication at their meeting held on April 29, 2017, have approved with 98% majority the scheme of arrangement for demerger of the tower division of the RITL into Towercom Infrastructure Private Limited (TIPL).”
Thu, Mar 23, 2017
RCom said, “CCI has approved the proposed transaction involving the sale of the tower division of Reliance Infratel Limited, a subsidiary of RCom, which is to be carried out pursuant to a demerger of the tower division to Towercom Infrastructure Private Limited (Towerco)."
Fri, Oct 14, 2016
As per the term sheet, the specified assets are intended to be transferred from Reliance Infratel Limited (RITL) on a going concern basis into a special purpose vehicle (SPV) to be owned by Brookfield.
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