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Reliance Insurance files fresh IPO papers; removes Edelweiss as merchant banker

Updated : February 11, 2019 05:20 PM IST

According to the sources, the company's IPO comprises fresh issue of shares worth Rs 200 crore, besides, an offer of sale of 79,489,821 shares by Reliance Capital.
Besides, the company has removed Edelweiss as one of the lead merchant bankers to manage its initial public offer (IPO), they added.
Reliance Insurance files fresh IPO papers; removes Edelweiss as merchant banker

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