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RELIANCE INDUSTRIES LTD. - 500325 - Announcement under Regulation 30 (LODR)-Acquisition
BSE India
Reliance Strategic Business Ventures Limited ('RSBVL'), a wholly owned subsidiary of Reliance Industries Limited ('RIL' or the 'Company') has today acquired 23.3% stake in Exyn Technologies Inc ('Exyn') for a total consideration of US$ 25 million. RSBVL and Exyn have also entered into a Strategic Partnership Agreement for technology collaboration and commercialization of Exyn's technology.
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