Reliance Industries Ltd.

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.