Reliance Industries Limited (RELIANCE) — Announcement | 17 January 2025

· NSE 🔴 High Importance Neutral
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings

Reliance Industries Limited has completed the acquisition of 100% equity stake in Reliance New Energy Battery Limited (RNEBL), transforming it into a direct wholly owned subsidiary. The transaction was executed on January 17, 2025, at approximately 11:38 AM IST, following a previous disclosure on January 16.

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About Reliance Industries Limited (RELIANCE)

Oil Gas & Consumable Fuels · Petroleum Products · Listed on NSE

Market Cap: ₹18,08,488.47 Cr P/E: 21.7 ROE: 9.9% ROCE: 11.2%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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