Reliance Industries : Further update on investment into Jio Platforms Limited by Google
November 25, 2020 at 06:55 pm EST
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November 23, 2020
BSE Limited
National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers,
Exchange Plaza, Plot No. C/1, G Block,
Dalal Street,
Bandra-Kurla Complex, Bandra (East),
Mumbai 400 001
Mumbai 400 051
Scrip Code: 500325 / 890147
Trading Symbol: RELIANCE / RELIANCEPP
Dear Sirs,
Sub: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Further update on investment into Jio Platforms Limited by Google
This is further to the Media Release titled "Google to invest ₹ 33,737 crore in Jio Platforms for a 7.73% stake" dated July 15, 2020 issued by the Company.
We hereby inform that, after receipt of all requisite approvals, Jio Platforms Limited, a subsidiary of the Company, today received the subscription amount of ₹ 33,737 crore from Google International LLC (a wholly owned subsidiary of Google LLC). Jio Platforms Limited has allotted equity shares to Google International LLC following which Google International LLC holds 7.73% of the fully diluted equity share capital of Jio Platforms Limited.
This is for your information and dissemination on your website.
Thanking you,
Yours faithfully,
For Reliance Industries Limited
Savithri Parekh
Joint Company Secretary and Compliance Officer
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Reliance Industries Ltd. published this content on 23 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 November 2020 23:54:04 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.
RELIANCE INDUSTRIES LTD 
