SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Reliance Industries gets RBI’s nod for amalgamation of subsidiaries

05 Jan 2019 Evaluate

Reliance Industries has received approval from Reserve Bank of India for cross-border amalgamation of Reliance Holding USA Inc, a wholly owned step-down subsidiary of the company with Reliance Energy Generation and Distribution (REGDL), a wholly owned subsidiary of the company, and subsequent amalgamation of REGDL with the company. The board of directors of the company will consider the same in a meeting.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Reliance Industries Share Price

1361.90 -0.70 (-0.05%)
21-Apr-2026 10:50 View Price Chart
Peers
Company Name CMP
Reliance Industries 1361.90
Indian Oil Corp. 147.60
BPCL 317.70
HPCL 383.45
MRPL 183.60
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×