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Reliance Industries informs about disclosure

26 Sep 2020 Evaluate

With further to the Media Release titled ‘Silver Lake To Invest ? 7,500 Crore In Reliance Retail Ventures At An Equity Value Of ? 4.21 Lakh Crore’ dated September 9, 2020 issued by the Company. Reliance Industries has informed that Reliance Retail Ventures, a subsidiary of the Company on 25th September received the subscription amount of ? 7,500 Crore from SLP Rainbow Holdings (Silver Lake). Reliance Retail Ventures has allotted equity shares to SLP Rainbow Holdings following which SLP Rainbow Holdings holds 1.75% of the fully diluted equity share capital of Reliance Retail Ventures.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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