Wednesday, February 8, 2023
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Emirates Bank

Jio deposits Rs 3,720 cr in SBI escrow account to acquire Reliance Infratel

Jio has deposited Rs 3,720 crore in an SBI escrow account to acquire mobile tower and fibre assets of Reliance Infratel as directed by NCLT

Jio gets approval from NCLT to acquire Reliance Infratel

NCLT gave its approval to Jio for the acquisition of RITL & asked Jio to deposit Rs 3,720 crore in the SBI escrow account to complete the acquisition process

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