RIL transfers Rs 5,150 crore to warehouse InvIT fund
Reliance Industries (RIL) transferred Rs 5,150 crore to its InvIT (Infrastructure Investment Trust) entity, focusing on monetizing warehousing and logistics assets from Reliance Retail. This move allows RIL to leverage its retail backend infrastructure. The funds will support the acquisition of warehousing and logistics-related assets through a special-purpose vehicle, enhancing the company's supply chain and logistics capabilities.
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