Reliance Industries Rights Issue
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Shareholders to pay 25% for subscribing to Reliance Industries Rs 53,125 cr right issue now, balance next year
•Oil-to-telecom conglomerate's Reliance Industries rights issue will open for subscription of shareholders on 20 May and will close on 3 June. One share will be offered for every 15 shares held at Rs 1,257.
Reliance Industries to consider first rights issue in three decades; company's board meets on Thursday
•India’s Reliance Industries Ltd said it will consider its first rights issue in almost 30 years when its board meets on Thursday, in another attempt to slash its debt