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73,651.35
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Corporate Announcement
Security Code
500325
Company
Reliance Industries Ltd
Exchange Received Time
26/09/2020 00:04:44
Exchange Disseminated Time
26/09/2020 00:04:49
Time Taken
00:00:05
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Further Update On Investment Into Reliance Retail Ventures Limited By Silver Lake |
9/26/2020 12:04:45 AM
This is further to the Media Release titled 'SILVER LAKE TO INVEST Rs. 7,500 CRORE IN RELIANCE RETAIL VENTURES AT AN EQUITY VALUE OF Rs. 4.21 LAKH CRORE' dated September 9, 2020 issued by the Company.
We hereby inform that Reliance Retail Ventures Limited, a subsidiary of the Company, today received the subscription amount of Rs. 7,500 Crore from SLP Rainbow Holdings Pte. Ltd. (Silver Lake). Reliance Retail Ventures Limited has allotted equity shares to SLP Rainbow Holdings Pte. Ltd. following which SLP Rainbow Holdings Pte. Ltd. holds 1.75% of the fully diluted equity share capital of Reliance Retail Ventures Limited.
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