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Reliance Communications has said that it has created a subsidiary, Towercom Infrastructure.
It said in a BSE filing that “…. the company incorporated a new subsidiary named Towercom Infrastructure Private Limited on November 17, 2016 having a registered office in Mumbai.”
As per the filing, Towercom has subscribed 95 percent share capital, which is 9,500 shares of Rs 10 each.
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