Shareholding of RIL in Media Companies

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....hareholding of RIL in Media Companies <br>News and Press Release<br>Dated:- 14-5-2012<br><BR>Press Information Bureau Government of India Ministry of Corporate Affairs 14-May-2012 17:28 IST As per....

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.... the Investments Schedule of Balance Sheet of M/s. Reliance Industries Limited (RIL), as on 31/3/2011, there is no direct holding of RIL in media houses/companies (listed and unlisted) print/broadcast....

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..../production. However, company's consolidated Balance Sheet as on 31/03/2011 discloses that it holds 100% in Reliance Digital Media Limited (RDML) through Reliance Retail Limited (RRL), its subsidiary ....

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....company. The Investment of M/s. Reliance Industries Limited in M/s Reliance Digital Media Limited through M/s Reliance Retail Limited does not violate the provisions of the Companies Act, 1956. Thi....

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....s information was given by the Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh in the Rajya Sabha today in reply to a written question. ***** ST/-<BR> News - Press release ....

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....- PIB....