Reliance Industries : Statement of deviation or variation in the use of proceeds raised through issue of Non-Convertible Debentures

October 30, 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: 959417	Trading Symbol: RIL 7.20% 2023 Sr. K1
959418	RIL Repo+2.80% 2023 Sr. K2
959428	RIL 7.4% 2025 Sr L
959468	RIL 7.05% 2023 Sr. M1
959469	RIL 6.95% 2023 Sr. M2
959470	RIL 6.95% 2023 Sr. M3
959486	Reliance MIBOR+2.90% 2023 Sr N
Dear Sirs,

Sub: Statement of deviation or variation in the use of proceeds raised through issue of Non-Convertible Debentures

Pursuant to Regulation 52(7) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds raised through issue of Non-Convertible Debentures, during half-year ended September 30, 2020, from the objects stated in the Disclosure Documents.

The entire money raised by the Company through issue of Non-Convertible Debentures has been utilized for the objects stated in the Disclosure Documents.

A statement confirming that there is no deviation or variation in the utilisation of these proceeds, duly reviewed by the Audit Committee, is attached.

Thanking you,

Yours faithfully,

For Reliance Industries Limited

Savithri Parekh

Joint Company Secretary and

Compliance Officer

Encl: a/a

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

Phone #: [phone], Telefax: [phone]. E-mail:[e-mail], Website: www.ril.com

CIN- L17110MH1973PLC019786

Statement of Deviation or Variation
Name of listed entity	Reliance Industries Limited
Mode of Fund Raising	Private Placement
Type of instrument	Non-Convertible Debentures
Date of Raising Funds	Rs. 8,500 crore raised on April 17, 2020
	Rs. 2,795 crore raised on April 27, 2020
	Rs. 10,060 crore raised on May 13, 2020
	Rs. 3,600 crore raised on May 19, 2020
Amount Raised	Rs. 8,500 crore raised on April 17, 2020
	Rs. 2,795 crore raised on April 27, 2020
	Rs. 10,060 crore raised on May 13, 2020
	Rs. 3,600 crore raised on May 19, 2020
Report filed for half-year ended	September 30, 2020
Is there a Deviation / Variation in use	No
of funds raised?
Whether any approval is required to	Not Applicable
vary the objects of the issue stated
in the prospectus/ offer document?
If Yes, details of the approval so	Not Applicable
required?
Date of approval	Not Applicable
Explanation for Deviation / Variation	Not Applicable
Comments of the Audit Committee	No Comments
after review
Comments of the auditors, if any	Not Applicable as there is no deviation

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

Phone #: [phone], Telefax: [phone]. E-mail:[e-mail], Website: www.ril.com

CIN- L17110MH1973PLC019786

Objects for which funds have been raised and where there has been a deviation, in the following table

Original	Modified	Original	Modified	Funds	Amount of	Remarks, if any
Object	Object, if	Allocation	allocation, if	Utilized	Deviation/
	any		any		Variation
					for the half
					year
					according
					to
					applicable
					object (INR
					crore and in
					%)
			Not Applicable

Deviation could mean:

1. Deviation in the objects or purposes for which the funds have been raised
2. Deviation in the amount of funds actually utilized as against what was originally disclosed

The entire money raised by the Company through issue of Non-Convertible Debentures has been utilized for the objects stated in the Disclosure Documents.

For Reliance Industries Limited

Savithri Parekh

Joint Company Secretary

and Compliance Officer

October 30, 2020

Mumbai

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

Phone #: [phone], Telefax: [phone]. E-mail:[e-mail], Website: www.ril.com

CIN- L17110MH1973PLC019786