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Reliance
BSE: 500325NSE: RELIANCEISIN: INE002A01018

26th-Sep-2020 00:04Source: BSE

Reliance Industries - 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

This is further to the Media Release titled ''SILVER LAKE TO INVEST ? 7,500 CRORE IN RELIANCE RETAIL VENTURES AT AN EQUITY VALUE OF ? 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 ? 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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