Reliance acquires Shubhalakshmi Polyesters for ₹1,592 crore

Reliance acquires Shubhalakshmi Polyesters for ₹1,592 crore

The acquisition will strengthen the textile manufacturing business of Reliance. The acquisition will strengthen the textile manufacturing business of Reliance. Billionaire Mukesh Ambani’s Reliance Industries Ltd has acquired polyester chips and yarn manufacturer Shubhalakshmi Polyesters Ltd for ₹1,592 crore, the company said in a stock exchange filing. “Reliance Petroleum Retail Ltd (under name change to […]

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