ISSUE OF 42,26,26,894 PARTLY PAID-UP EQUITY SHARES OF FACE VALUE OF ` 10 EACH (“RIGHTS EQUITY SHARES”) OF OUR COMPANY FOR CASH AT A PRICE OF ` 1,257 PER RIGHTS EQUITY SHARE (INCLUDING A PREMIUM OF ` 1,247 PER RIGHTS EQUITY SHARE)
AGGREGATING TO ` 5,31,24,20,05,758 ON A RIGHTS BASIS TO THE ELIGIBLE EQUITY SHAREHOLDERS OF OUR COMPANY IN THE RATIO OF 1 (ONE) RIGHTS EQUITY SHARE FOR EVERY 15 FULLY PAID-UP EQUITY SHARES HELD BY THE ELIGIBLE EQUITY SHAREHOLDERS OF OUR COMPANY ON THE RECORD DATE, THAT IS, ON MAY 14, 2020 (THE “ISSUE”).
RENOUNCEMENT OF RIGHTS
Reliance Industries Ltd. hereby informs that dealings in the Rights Entitlements (REs) for Renunciation of Reliance Industries Ltd. are permitted on the Exchange with effect from the date Wednesday, May 20, 2020. The details of Rights Entitlements (REs) are as under:
Please Note that the Rights Issue of Reliance Industries Ltd. (Equity Shares) will open on May 20, 2020 and will close on June 3, 2020.
Trading Members are further requested to note that Rights Entitlements (REs) for Renunciation shall be settled on T+2 Rolling Settlement basis. The trades shall be settled on trade-for-trade basis. The Rights Entitlements shall be tradable in dematerialized form only.
Trading Members are requested to refer the notice no. 20200305-21 dated March 05, 2020 and notice no. 20200518-34 dated May 18, 2020 for further details.
For any other help please visit: https://rights.
