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Reliance Retail Acquires Majority Stake in Netmeds

Reliance Industries Limited (RIL) announced that its subsidiary Reliance Retail Ventures Limited (RRVL) has acquired a majority equity stake in Vitalic Health Pvt. Ltd. ("Vitalic") and its subsidiaries collectively known as 'Netmeds' for a cash consideration of approximately Rs 620 crores.

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