Anil Ambani’s Reliance Group To Take Legal Steps To Protect Stakeholders As Shares Tumble

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The Reliance Group said it will take legal measures to protect its shareholders after the Anil Ambani group entities lost more than a third of their market value in five days. “The board of directors has recommended and approved that the company take all appropriate legal steps to protect and enhance the value of all its shareholders, especially more than 31.75 lakh of retail shareholders,” Relianc said.