Reliance (RELIANCE) — Related Party Transaction

Reliance Industries Limited has divested its 100% stake in M Entertainments Private Limited to two independent Indian residents for ₹12.35 lakh. The subsidiary, which had negligible financial significance with ₹0 turnover and contributing only 0.00002% to the company's consolidated net worth, was sold through its step-down subsidiary IFCPL.

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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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