Reliance Industries Ltd.

Reliance Industries has informed that, Reliance New Energy (RNEL), a wholly-owned subsidiary of the Company, has entered into an agreement with Altigreen Propulsion Labs (Altigreen) for subscription of 34,000 Series A Compulsorily Convertible Preference Shares of face value Rs 100 each for an aggregate consideration of Rs 50.16 Crore. The transaction is proposed to be completed before March 2022.

The above information is a part of company’s filings submitted to BSE.