November 5, 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 the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Media Statement
Please find enclosed a media statement by the Company in relation to the order passed by the Hon'ble Securities Appellate Tribunal.
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
Encl.: as above
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
Mumbai, 5th November 2020
MEDIA STATEMENT
The Hon'ble SAT, by a 2:1 majority order, has today dismissed RIL's appeal against SEBI order dated March 24,2017, in the matter relating to the sale of RPL shares by the Company in November 2007.
The Company will examine the order passed by the Hon'ble SAT.
All trades carried out by the Company were genuine and bona fide. No irregularity can be attached to these transactions. The Company reiterates that it has not violated any law or regulation while selling shares of RPL in November 2007.
The Company, under proper legal advice, will prefer an appeal to the Hon'ble Supreme Court of India and is confident of vindicating its position.
Registered Office: | Corporate Communications | Telephone | : (+91 22) 2278 5000 | |
Maker Chambers IV | Maker Chambers IVTelefax | : | (+91 22) 2278 5185 | |
3rd Floor, 222, Nariman Point | 9th Floor, Nariman Point | Internet | : | www.ril.com |
Mumbai 400 021, India | Mumbai 400 021, India | CIN | : | L17110MH1973PLC019786 |
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Reliance Industries Ltd. published this content on 05 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 November 2020 08:51:02 UTC