Reliance Industries Limited (RELIANCE) — Announcement | 22 April 2026

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

Reliance Industries announced that its wholly-owned subsidiary IndiaCast Media Distribution Private Limited has amalgamated with Jiostar India Private Limited effective April 21, 2026, as per a Regional Director's order. This restructuring consolidates operations under the parent entity to streamline distribution functions and reduce administrative overhead. The filing confirms the transaction was disclosed to exchanges on April 22, 2026, with no financial impact disclosed.

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About Reliance Industries Limited (RELIANCE)

Oil Gas & Consumable Fuels · Refineries · Listed on NSE

Market Cap: ₹16,79,929.36 Cr P/E: 22.5 ROE: 9.7% ROCE: 11.3% Div Yield: 0.48%

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

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