Foreign institutional investors (FIIs) have raised stake in Reliance Industries to a record 25.2% in the quarter ended September 30, 2020. FII holding 165.8 crore shares or 25.2% of the total shareholding. In the previous quarter ended June 30, foreign investors held 163.07 crore shares of 24.72%.
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.