SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RIL’s arm to acquire stake in Surajya Services

25 Feb 2019 Evaluate

Reliance Industries’ (RIL) wholly-owned subsidiary -- Reliance Industrial Investments and Holdings (RIIHL) has entered into agreement for acquisition of equity shares of Surajya Services (Easygov) for a cash consideration not exceeding Rs 18 crore.

RIIHL will further invest an amount not exceeding Rs 50 crore. The said investment upon completion will translate into 76% equity stake in Easygov on a fully diluted basis. The total investment is likely to be completed by March 2021.

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

1362.60 -2.50 (-0.18%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1362.60
Indian Oil Corp. 147.00
BPCL 316.00
HPCL 379.20
MRPL 180.00
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:

×