RCOM shareholders approve SSTL merger

The shareholders of RCOM have approved the proposed merger of Sistema Shyam TeleServices Limited (SSTL) with RCOM. The deal has already been cleared by bodies such as the Competition Commission of India, the Rajasthan High Court, the Bombay High Court and SEBI. After approval from SSTL’s shareholders, RCOM will approach the Department of Telecommunications for final clearance.

 

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