Reliance Industries (RIL) has completed the acquisition of equity shares of IMG Reliance (IMG-R) from IMG Singapore. Accordingly, IMG-R has become a wholly-owned subsidiary of the company. Consequent to the aforesaid acquisition, the holding of the company along with IMG-R in Football Sports Development (FSDL) is 65% and FSDL has become a subsidiary of the company.
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.
| Company Name | CMP |
|---|---|
| Reliance Industries | 1329.00 |
| Indian Oil Corp. | 143.25 |
| BPCL | 306.30 |
| HPCL | 371.75 |
| MRPL | 187.95 |
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