Merger22 Apr 2026, 09:01 pm
RIL: IndiaCast Media (Jiostar WOS) Amalgamates
AI Summary
Reliance Industries Ltd's subsidiary, Jiostar India Private Limited, announced that its wholly-owned subsidiary, IndiaCast Media Distribution Private Limited, has amalgamated with itself. This corporate action became effective on April 21, 2026, as per an order from the Regional Director, Western Region, Ministry of Corporate Affairs. This move is expected to streamline the internal corporate structure within the Reliance group.
Key Highlights
- RIL's wholly-owned subsidiary, IndiaCast Media, has amalgamated.
- The amalgamation became effective on April 21, 2026.
- Action was approved by the Ministry of Corporate Affairs.
- This move likely simplifies the group's corporate structure.