Reliance Industries : Further update on investment into Jio Platform Limited
July 13, 2020 at 05:26 pm EDT
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July 13, 2020
BSE Limited
National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers
Exchange Plaza
Dalal Street
Plot No. Cl1, G Block,
Mumbai 400 001
Bandra-Kurla Complex
Scrip Code: 500325
Bandra (East)
Mumbai 400 051
Trading Symbol: "RELIANCE"
Dear Sirs,
Sub:Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Further update on investment into Jio Platforms Limited
This is further to the Media Releases issued by the Company from time to time regarding investment by financial investors in Jio Platforms Limited.
We hereby inform that, after receipt of all requisite approvals, Jio Platforms Limited, a subsidiary of the Company, received the subscription amounts from the following investors and allotted equity shares to them:
Name of the Investor
Subscription amount (Rs. crore)
% of fully diluted equity share capital of Jio Platforms Limited
VEPF VII AIV I, L.P. (Vista Equity Partners)
11,367.00
2.32%
Omicron Asia Holdings II Pte. Ltd. (KKR)
11,367.00
2.32%
MIC Redwood 1 RSC Limited (Mubadala)
9,093.60
1.85%
Platinum Owl C 2018 RSC Limited (acting in its capacity as trustee of 'Platinum Jasmine A 2018 Trust')
(ADIA)
5,683.50
1.16%
India Markets Pte. Ltd. (TPG)
4,546.80
0.93%
Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India
Reliance Industries Ltd. published this content on 13 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 July 2020 21:25:03 UTC
Reliance Industries Ltd is a diversified group organized around 6 areas of activity:
- refining of petroleum products (58.4% of net sales): liquefied petroleum gas, propylene, naphtha, gasoline, kerosene, etc. At the end of March 2021, the group operated a refinery in India. The group also produces petrochemicals (polyethylene, polypropylene, polyvinyl chloride, polyester, purified terephthalic acid, paraxylene, ethylene, olefins, benzene, butadiene, acrylonitrile and caustic soda);
- distribution of consumer products (28.3%): distribution of food products, clothing and accessories, consumer electronics, etc. through a network of 12,711 stores in India;
- digital services (5.1%);
- exploration and production of crude oil and natural gas (0.3%);
- financial services (0.2%);
- other (7.7%): telecommunications and media services, textile manufacturing, etc.
India accounts for 61.5% of net sales.