Mukesh Ambani-owned Reliance Polyester acquires Mumbai-based Shubhalakshmi Polyester

Mukesh Ambani-owned Reliance Polyester acquires Mumbai-based Shubhalakshmi Polyester

It is a subsidiary of Reliance Industries, which started its journey as a polyester company.

FPJ Web DeskUpdated: Thursday, March 09, 2023, 10:02 PM IST
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Reliance

According to an exchange filing, Mukesh Ambani-owned Reliance Polyester has acquired Shubhalakshmi Polyester and Shubhlaxmi Polytex.

The acquisition was completed by the subsidiary of Reliance Industries, which started its journey as a polyester company.

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