Shareholders to pay 25% for subscribing to Reliance Industries Rs 53,125 cr right issue now, balance next year
• 5 years agoOil-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.
Rights issue credit positive for Reliance Industries; to result in debt reduction: Moody's
• 5 years agoMoody's Investors Service on Monday said Reliance Industries' Rs 53,100 crore rights issue is credit positive as earnings will decline because of economic shutdowns
Reliance Industries to hive off $75 bn oil-to-chemical business into separate unit for sale to Aramco
• 5 years agoReliance Industries Ltd (RIL), India's largest company, on Thursday said its board has approved hiving off its $75 billion worth oil-to-chemicals business into a separate division to enable the sale of 20 percent stake in the unit to Saudi national oil company Aramco
Reliance Industries Q4 results: Net profit at Rs 6,546 cr; announces India's biggest rights issue of Rs 53,125 cr
Fp Staff • 5 years agoReliance Industries has declared a dividend of Rs 6.50 per equity share of Rs 10 each for the financial year ended 31 March, 2020.
Reliance Industries to consider first rights issue in three decades; company's board meets on Thursday
• 5 years agoIndia’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