Reliance (RELIANCE) — Announcement

Reliance Industries Limited has acquired 100% equity stake in Lakadia B Power Transmission Limited (LPTL) for ₹6.73 crores, transforming the target company into a wholly owned subsidiary. The transaction was completed at 6:03 PM IST, following an earlier disclosure on January 16, 2025.

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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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