Reliance Industries Ltd.

Co-investors of Silver Lake are planning to invest an additional Rs 1,875 crore into Reliance Retail Ventures (RRVL), a subsidiary of Reliance Industries (RIL). This brings the aggregate investment by Silver Lake and its co-investors in RRVL to Rs 9,375 crore, which will translate into a 2.13% equity stake in RRVL on a fully diluted basis. This latest investment values Reliance Retail at a pre-money equity value of Rs 4.285 lakh crore.

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.