Reliance Industries Ltd.

Reliance Industries has informed that binding agreement has been entered into today at 1:38 am between the Company and two subsidiaries of Paramount Global for the Company to acquire 13.01% equity stake (on a fully diluted basis) of Viacom 18 Media held by Paramount Global through its two subsidiaries for an aggregate consideration of Rs 4,286 crore. 

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