Industrialist Anil Ambani To Unlock Value In Four Key Sector Companies

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MUMBAI – The Reliance Group is looking at unlocking values in all group companies operating in the financial services, telecommunications, power and infrastructure space.

This was revealed by Reliance Group chairman Anil Ambani while speaking to India’s largest shareholder family during the day-long back-to-back annual general meetings of four group companies.

Shares of all Reliance Group companies-Reliance Capital, Reliance Communications, Reliance Infrastructure and Reliance Power – rallied on BSE on the news of the value unlocking exercise by the billionaire chairman.

The series of AGMs kicked off with that of Reliance Capital, where Ambani hinted at a strategic shift from organic business: “Our strategy is now to unlock value from all our businesses for the benefit of our 1.3 million shareholders.”