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RIL streamlines promoter holding; pares number of firms to 55

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Top private sector firm Reliance Industries has streamlined its promoter holding by bringing down the total number of promoter group entities to 55 -- still the third highest for any Sensex-listed com

Share transfer among promoters amounts to equity sale: Sebi

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Capital market regulator Sebi has said that any transfer of shares even within the promoter group of a company would be considered as an equity sale, when it comes to promoters getting a preferential

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