Bloomberg
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Reliance Founders Lift Stake by Most Since 2019 as Stock Slumps
Jul 17, 2026 at 4:49 PM
Reliance Industries Ltd. founders, led by billionaire Mukesh Ambani, raised stake in the Indian oil-to-telecom conglomerate by the most in nearly seven years following the stock’s prolonged slump in the wake of the US-Iran war.
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