General Announcement::Acquisition of 100% stake in Faradion Limited
Issuer & Securities
Issuer/ Manager
RELIANCE INDUSTRIES LIMITED
Securities
RELIANCEINUS$1.5B2.875%320112A - US759470BB24 - JJHB
RELIANCEINUS$1.5B2.875%320112R - USY72570AS69 - QZVB
RELIANCEINUS$1.75B3.625%520112A - US759470BD89 - Y4SB
RELIANCEINUS$1.75B3.625%520112R - USY72570AU16 - LVKB
RELIANCEINUS$750M3.75%620112A - US759470BC07 - KIKB
RELIANCEINUS$750M3.75%620112R - USY72570AT43 - ZNKB
RELIANCEIN US$800M5.875%PERP R - USY72596BT83 - 2PEB
RELIANCEUS$1B4.5%N201019A - US759470AZ01 - 4MDB
RELIANCEUS$1B4.5%N201019R - USY72570AQ04 - 4MEB
RELIANCEUS$1B5.4%N220214A - US759470AY36 - 7YAB
RELIANCEUS$1B5.4%N220214R - USY72570AP21 - 7XZB
RELIANCEUS$500M6.25%N401019A - US759470BA41 - 4MFB
RELIANCEUS$500M6.25%N401019R - USY72570AR86 - 4MGB
RELIANCEIND US$1B4.125%250128A - US759470AQ02 - 23RB
RELIANCEIND US$1B4.125%250128R - USY72596BU56 - 23SB
RELIANCEI US$750M4.875%450210A - US759470AS67 - 24EB
RELIANCEI US$750M4.875%450210R - USY72570AM99 - 24FB
Stapled Security
No
Announcement Details
Announcement Title
General Announcement
Date &Time of Broadcast
29-Oct-2024 21:28:49
Status
New
Announcement Sub Title
Acquisition of 100% stake in Faradion Limited
Announcement Reference
SG241029OTHRHHET
Submitted By (Co./ Ind. Name)
Reliance Industries Limited - Savithri Parekh
Designation
Company Secretary and Compliance Officer
Description (Please provide a detailed description of the event in the box below)
This is further to our disclosure dated December 31, 2021.
Reliance New Energy Limited ( RNEL ) (formerly known as Reliance New Energy Solar Limited), a wholly-owned subsidiary of the Company, presently holds 92.01% equity stake in Faradion Limited ( Faradion ). RNEL has informed the Company that it has on
October 28, 2024 acquired the balance equity stake from the existing shareholders of Faradion.
With this acquisition, Faradion has now become a wholly-owned subsidiary of RNEL.
Attachments
SE_29102024.pdf
Total size =461K
Related Announcements
Related Announcements