When was reliance industries founded

Reliance Ethane Holding Pte. Lines, Japan and another investor for investment by them in the 6 companies, resulting in the 6 companies being jointly controlled by REHPL and Mitsui O. Lines, Japan. The Company has successfully completed the Rights Issue of Rs 53, crore. Reliance was declared Winner' at 18th Annual Greentech Safety Award for persistent commitment in the field of safety. RIL was awarded the Golden Peacock Award for Corporate Social Responsibility for improving the livelihoods of farmers, fisher-folk and livestock owners through information services.

Reliance Retail has topped the list of 50 fastest growing retailers globally in Deloitte's Global Powers of Retailing Report, On 24th March , the Government of India ordered a nationwide lockdown for 21 days which further got extended till 3rd May to prevent community spread of COVID in India resulting in significant reduction in economic activities.

The total Non-Convertible Debentures of the Company outstanding as on 31 March, are Rs 55, crore out of which, secured non-convertible debentures are Rs 13, crore. The total Non-Convertible Debentures of the Company outstanding before netting off of prepaid finance charges as on 31 December are Rs 67, crore out of which, secured nonconvertible debentures are Rs 13, crore.

During the quarter ended 31 December , Reliance Retail Ventures Limited, a subsidiary of the Company has raised funds to the extent of Rs 39, crore by issuing equity shares to external investors.

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Exchange - MCX. Exchange - NSE. As On Oct PM. Union Budget Economy Survey Portfolio Login. Password is case sensitive. New User? Register Here Forgot password?? Out of which ,30, shares allotted in respect of earlier conversion of debs. Rs 50 per share; prop. Along with the Rights issue, 14,00, No. The balance 12,88, shares allowed to lapse. LAB is sold under the brand name "Relab". In December a joint sector agreement was entered into for setting up a new company under the name Reliance Bengal Industries Ltd.

Additional 45,60, debentures were allotted to retain over subscription. Only 15,00, debentures taken up. The unsubscribed portion of 20, debentures were allowed to lapse. Rs 55 of the face value of each debenture was to be converted into 1 equity shares of Rs 10 each at a premium of Rs 45 per share at the end of 18 months from the date of allotment.

Remaining Rs 95 of the face value of each debenture was to be redeemed at par on the expiry of 10 years from the date of allotment. Additional 11,40, debentures were allotted to retain over subscription. The debentures of Rs would be redeemed on the expiry of 10 years from the date of allotment. These debentures would be redeemed on the expiry of 10 years from the date of allotment. Approvals were received from the Government towards acquisition of 2 Suez-Max crude oil tankers.

Several new and customized product range was introduced such as ultra-stabilized raffia grade, high flow injection moulding grade and high ESCR blow moulding grade. On completion of these project, an addition of MW of power was to be added, increasing the total installed captive power plant capacity to MW. It also proposed to increase the polyvinyl chloride capacity to 30, TPA. TEG is an import substitute used in oil exploration, lubricants and speciality application.

RIL is India's largest private sector enterprise, is a major player in the Indian petrochemicals sector. A letter of intent had been singed by both the companies in October. In , Reliance makes a strategic decision to reorganise its businesses through a demerger. Power generation and distribution, financial services and telecommunication services are demerged into separate entities. In , Reliance emerges as the first and only private Indian organisation to be listed in the Fortune Global list.

Reliance is also the first private sector company to be rated by international credit rating agencies - including Moody's, Standard and Poor's. With this development, Reliance completes an unprecedented backward integration journey.

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