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        News and Press Release

        Oil India interest to buy stake .

        May 15, 2012

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        Oil India, have expressed interest to buy stake in billionaire Mukesh Ambani's privately owned firm Reliance Gas Transportation Infrastructure (RGTIL).

        Stake acquisition interest: Oil India signals intent to purchase equity in Reliance Gas Transportation Infrastructure, subject to approvals. Oil India announced its intent to acquire an equity stake in Reliance Gas Transportation Infrastructure Limited (RGTIL), a privately held gas transportation company, constituting a prospective stake acquisition that would require customary corporate approvals and compliance with applicable regulatory and competition requirements.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Stake acquisition interest: Oil India signals intent to purchase equity in Reliance Gas Transportation Infrastructure, subject to approvals.

                                Oil India announced its intent to acquire an equity stake in Reliance Gas Transportation Infrastructure Limited (RGTIL), a privately held gas transportation company, constituting a prospective stake acquisition that would require customary corporate approvals and compliance with applicable regulatory and competition requirements.


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