Reliance Industries Ltd.

Reliance Industries’ step down wholly owned subsidiary -- REC Solar Holdings AS has completed sale of its 100% equity stake in REC Solar Norway AS (REC Norway) to Elkem ASA. Consequently, REC Norway has ceased to be a subsidiary of the Company.

Earlier, REC Solar Holdings AS had entered into Share Purchase Agreement (SPA) with Elkem ASA. 

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.