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RADIOCITY - Music Broadcast News Story

₹24.6 0.6  2.5%

Last Trade - 09/04/21

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £83.0m
Enterprise Value £65.2m
Revenue £12.8m
Position in Universe 885th / 3106

BRIEF-Reliance Capital Says Divestment Deal With Music Broadcast To Reduce Co's Debt By 12 Bln Rupees

Mon 27th May, 2019 1:49pm
May 27 (Reuters) - Reliance Capital Ltd  RLCP.NS :
    * RELIANCE CAPITAL GROUP TO DIVEST ENTIRE STAKE IN BIG 92.7
FM
RADIO BUSINESS TO MUSIC BROADCAST LIMITED
    * TRANSACTION WILL REDUCE RELIANCE CAPITAL'S DEBT BY AN
ESTIMATED
12 BILLION RUPEES
    * EXPECT RELIANCE CAPITAL'S DEBT TO REDUCE BY APPROX. 120
BILLION
RUPEES IN CURRENT FINANCIAL YEAR

Source text: http://bit.ly/2JIuqWI
Further company coverage:  MUSI.NS 

 ((Reuters.Briefs@thomsonreuters.com;))
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