Mumbai, Dec. 2 -- Mukesh Ambani-led Reliance Industries Ltd has officially announced that it has completed the merger of Star Television Productions (STPL), a subsidiary of the company, with JioStar and the subsidiary will now be known as JioStar India, the company informed the stock exchange through a regulatory filing.
"This is further to our disclosure dated November 14, 2024, wherein we had intimated about the scheme of arrangement for merger of Star Television Productions Limited ("STPL"), a subsidiary of the Company with Star India Private Limited (now known as Jiostar India Private Limited) ("Jiostar"), another subsidiary of the company," according to a stock exchange filing.
STPL owns the 'STAR' brand and licenses it to group comp...