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MarketScreener Homepage  >  Equities  >  NSE India Stock Exchange  >  Reliance Industries Ltd    RELIANCE   INE002A01018

RELIANCE INDUSTRIES LTD

(RELIANCE)
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Reliance Industries : Resolution Plan with regard to Corporate Insolvency Resolution process of Reliance Infratel Limited submitted by Infrastructure Projects - a division of Reliance Digital Platform & Project Services Limited

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03/06/2020 | 12:17am EDT

March 06, 2020

BSE Limited

National Stock Exchange Limited

Phiroze Jeejeebhoy Towers

Exchange Plaza

Dalal Street

Plot No C/1, G Block

Mumbai 400 001

Bandra - Kurla Complex, Bandra (East)

Mumbai 400 051

Scrip Code: 500325

Trading Symbol: "RELIANCE EQ"

Dear Sirs,

We wish to inform you that in connection with the resolution plan with regard to Corporate Insolvency Resolution process of Reliance Infratel Limited ("Corporate Debtor"), submitted by Infrastructure Projects - a division of Reliance Digital Platform & Project Services Limited ("RDPPSL"), a wholly owned subsidiary of Reliance Industries Limited, the Resolution Professional has informed yesterday, i.e. March 05, 2020 - during early hours via e-mail received at 00:28 Hrs. (12:28 AM), that the Resolution Plan submitted by RDPPSL has been approved by CoC.

Kindly take the same on record.

Thanking you,

Yours faithfully,

For Reliance Industries Limited,

Savithri Parekh

Joint Company Secretary and

Compliance Offer

Copy to:

1. The Luxembourg Stock Exchange Societe de la Bourse de Luxembourg 35A Boulevard Joseph II

B P 165, L-2011 Luxembourg

Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India

Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail:investor.relations@ril.com, Website: www.ril.com

CIN- L17110MH1973PLC019786

  1. Singapore Stock Exchange Shenton Way, #19-00 SGX Centre 1 Singapore 068804
  2. Taipei Stock Exchange
    15F, No. 100, Sec. 2, Roosevelt Road Taipei, Taiwan, 10084

Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India

Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail:investor.relations@ril.com, Website: www.ril.com

CIN- L17110MH1973PLC019786

Disclaimer

Reliance Industries Ltd. published this content on 06 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 March 2020 05:17:01 UTC

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Sales 2021 5 555 B 73 469 M 73 469 M
Net income 2021 436 B 5 764 M 5 764 M
Net Debt 2021 1 771 B 23 422 M 23 422 M
P/E ratio 2021 21,2x
Yield 2021 0,45%
Capitalization 8 679 B 115 B 115 B
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EV / Sales 2021 1,88x
Nbr of Employees 194 056
Free-Float 47,9%
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Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 1 605,27 INR
Last Close Price 1 464,40 INR
Spread / Highest target 29,7%
Spread / Average Target 9,62%
Spread / Lowest Target -21,5%
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NameTitle
Mukesh Dhirubhai Ambani Chairman & Managing Director
Srikanth Venkatachari Joint Chief Financial Officer
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Nikhil Rasiklal Meswani Executive Director
Hital Rasiklal Meswani Executive Director
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