The board of Reliance Nippon Life Asset Management (RNAM) is expected to meet on Tuesday to approve the draft red herring prospectus (DRHP) for listing the equity shares of the company, people aware of the development said.
Anil Ambani-led Reliance Group's asset management company RNAM--the third largest mutual fund in the country--is jointly owned by Japanese financial behemoth Nippon Life and Reliance CapitalBSE 0.58 %.
The DRHP is likely to be filed with market ..
