Reliance Industries : Update on receipt of amounts due on First Call on Rs. 2.50/- paid-up equity shares of the Company
June 10, 2021 at 09:32 pm IST
Share
June 9, 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, Bandra (East),
Mumbai 400 001
Mumbai 400 051
Scrip Code: 500325 / 890147
Trading Symbol: RELIANCE / RELIANCEP1
Dear Sirs,
Sub.: Update on receipt of amounts due on First Call on Rs. 2.50/- paid-up equity shares of the Company
We refer to the 42,26,26,894 - Rs. 2.50/- paid-up equity shares of the Company, issued and allotted on rights basis, pursuant to the Letter of Offer dated May 15, 2020.
The holders of the aforesaid partly paid-up equity shares, whose names appeared on the Register of Members as on May 12, 2021 (the Record Date), were required to pay the First Call amount of Rs. 314.25 per equity share (comprising Rs. 2.50 towards face value and Rs. 311.75 towards securities premium) between Monday, May 17, 2021 and Monday, May 31, 2021 (both days inclusive). The aggregate amount payable by these shareholders towards First Call was Rs. 13,281.05 crore.
The Company has, till May 31, 2021, received Rs. 13,150.70 crore representing around 99% of the amount due on First Call. The Company has completed the corporate action for credit of 41,77,93,830 - Rs. 5/- paid-up equity shares. These 41,77,93,830 - Rs. 5/- paid-up equity shares have been listed and would be available for trading on the Stock Exchanges with effect from June 10, 2021 (ISIN: IN9002A01032).
We request you to take the above on record and disseminate this intimation on your website.
Thanking you,
Yours faithfully,
For Reliance Industries Limited
Savithri Parekh
Joint Company Secretary & Compliance Officer
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Reliance Industries Ltd. published this content on 09 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 June 2021 16:01:00 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.