RIL proposes to sell 3.25 crore shares of Network18
Reliance Industries Limited has announced that it is proposing to sell 3.25 crore shares of Network18 Media & Investments Limited to bring down the aggregate shareholding of the promoter and promoter group to 75% and increase the public shareholding to 25% as mandated by Clause 40A of the listing agreement pursuant to Securities Contract (Regulation) Rules, 1957