Reliance Industries update on proposed rights issue

Reliance Industries announced the proposed issuance of 42,26,26,894 equity shares of face value of Rs 10 each of the company on rights basis. The details for the rights issue are as follows:

Ratio: 1 (one) Rights Equity Share for every 15 (fifteen) fully paid-up equity shares held by the eligible equity shareholders of the Company on the Record Date

Record Date: 14 May 2020

Issue Price: Rs 1,257 per Rights Equity Share

Issue Size: Amount aggregating Rs 53124,20,05,758/-

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