Reliance Industries : Investment in Reliance New Solar Energy Limited
August 03, 2021 at 06:10 am EDT
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August 2, 2021
BSE Limited
National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers,
Exchange Plaza, Plot No. C/1, G Block,
Dalal Street,
Bandra-Kurla Complex,
Mumbai 400 001
Bandra (East), Mumbai 400 051
Scrip Code: 500325 / 890147
Trading Symbol: RELIANCE / RELIANCEP1
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investment in Reliance New Solar Energy Limited
It is hereby informed that the Company has invested Rs. 1,00,000 in cash in 10,000 equity shares of Rs. 10 each of "Reliance New Solar Energy Limited" (RNSEL), a newly incorporated wholly owned subsidiary. RNSEL is incorporated to undertake activities relating to solar energy. RNSEL is yet to commence its business operations.
The investment in RNSEL does not fall within related party transaction and the promoter/ promoter group/ group companies do not have any interest in RNSEL. No governmental or regulatory approvals were required for the said investment.
Thanking you,
Yours faithfully,
For Reliance Industries Limited
Savithri Parekh
Joint Company Secretary and
Compliance Officer
Copy to:
Luxembourg Stock Exchange
Singapore Stock Exchange
35A boulevard Joseph II
2 Shenton Way,
L-1840 Luxembourg
#19- 00 SGX Centre 1,
Singapore 068804
Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India
Reliance Industries Ltd. published this content on 02 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2021 09:54:53 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 
