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Reliance Media World to be listed on BSE, NSE

CHENNAI: The radio business of Adlabs Films — BIG 92.7FM — has been demerged from the company into Reliance Unicom and the name has been changed subsequently to “Reliance Media World Ltd”. The shareholders of Adlabs will be given one equity share of Reliance Media for every equity share held by them. Reliance Media will be listed on the Bombay Stock Exchange and the National Stock Exchange, says a release. — Corporate Reporter

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