Acquisition of 21% stake in Wavetech Helium Inc.
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"This repayment will bolster Sasan Power's debt coverage metrics, improve liquidity, and enhance its credit rating," the company stated in its press release ...
Till date, shareholding in Viacom18 has been constituted to be held 70.49% by RIL, 13.54% by Network18 and 15.97% by Bodhi Tree Systems.
The deal consists of ₹10 crore equity shares and ₹365 crore in optionally fully convertible debentures.