Reliance Industries Ltd.

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.