Announcement • Jul 10
Reliance Industries Limited to Report Q1, 2027 Results on Jul 17, 2026 Reliance Industries Limited announced that they will report Q1, 2027 results on Jul 17, 2026 Announcement • Jun 09
Reliance Industries Limited Appoints Anant M. Ambani as Whole-Time Executive Director Reliance Industries Limited announced Anant M. Ambani's appointment as a whole-time executive director. received strong backing from shareholders, securing 94.4% approval, the company announced on 07 June 2026. He is the young son of RIL Chairman Mukesh Ambani and has been serving as a whole-time executive director of the conglomerate since May 1, 2025, for a five year term. Prior to this appointment, he served as a non-executive director on Reliance's board. Anant Ambani, a Brown University graduate, is known for his work in animal welfare, supporting initiatives focused on rehabilitation of at-risk animals and providing care and dignity in their later years. In recognition of his philanthropic efforts, he was named the young and first Asian recipient of the Global Humanitarian Award 2025 by the Global Humane Society. Prior to the current role, Anant Ambani has served as a non-executive director on Reliance's board. He is also a part of the boards of several Reliance group companies, such as Jio Platforms, Reliance Retail Ventures, Reliance New Energy and Reliance New Solar Energy. He has also been a board member of Reliance Foundation since September 2022. Anant Ambani's most notable work is Vantara, a massive 3,000-acre wildlife preservation and rehabilitation initiative located within the Reliance Jamnagar Refinery Complex in Gujarat, India. Meanwhile Anant's siblings, Akash Ambani and Isha Ambani, currently serve as non-executive directors on the Reliance Board. Akash is also the chairman of Reliance Jio Infocomm, the telecom and digital services arm of the group, and Isha is an executive director at Reliance Retail Ventures Ltd, the group's retail arm. Anant M. Ambani serves as the young whole-time director at Reliance Industries. His appointment has previously been a topic of debate due to concerns raised around his age and level of prior leadership experience. Announcement • May 28
Reliance Industries Limited, Annual General Meeting, Jun 19, 2026 Reliance Industries Limited, Annual General Meeting, Jun 19, 2026, at 14:00 Indian Standard Time. Announcement • Apr 17
Reliance Industries Limited to Report Q4, 2026 Results on Apr 24, 2026 Reliance Industries Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on Apr 24, 2026 Announcement • Feb 21
Reema H Kundnani Joins Reliance Industries as Chief Marketing Officer - Jio World Centre Reema H Kundnani has joined Reliance Industries Limited as Chief Marketing Officer - Jio World Centre. She announced her new role through a LinkedIn post, sharing her excitement about the next phase of her professional journey. In her post, Kundnani said she was pleased to begin her new position at Reliance Industries Limited, highlighting the company's philosophy of 'Growth is Life'. She described the move as energising after a meaningful pause, calling the opportunity deeply aligned with her aspirations. Kundnani is a seasoned business leader with over 26 years of experience across Real Estate, Proptech and Technology industries. She brings together deep P&L ownership, revenue leadership and a CMO's strategic lens to drive marketing, PR, media relations, communications, sales, leasing, asset management, customer experience and stakeholder value creation. Announcement • Jan 08
Reliance Industries Limited to Report Q3, 2026 Results on Jan 16, 2026 Reliance Industries Limited announced that they will report Q3, 2026 results on Jan 16, 2026 Announcement • Oct 09
Reliance Industries Limited to Report Q2, 2026 Results on Oct 17, 2025 Reliance Industries Limited announced that they will report Q2, 2026 results on Oct 17, 2025 Announcement • Aug 22
Reliance Industries Limited Announces Voluntary Winding Up of Reliance NeuComm LLC Reliance Industries Limited informed that Reliance NeuComm LLC, a step-down wholly-owned subsidiary of the Company, has completed voluntary winding up process and filed a `Certificate of Termination' with the Secretary of State of Texas on August 18, 2025 (which in terms of Texas Business Organizations Code, is the effective date of termination /winding up). Accordingly, Reliance NeuComm LLC has ceased to be a subsidiary of the Company with effect from the aforesaid date. Reliance NeuComm LLC was a non-operating company and its contribution to the consolidated turnover and net worth of the Company for the financial year 2024-25 was Nil. Announcement • Aug 01
Reliance Industries Limited, Annual General Meeting, Aug 29, 2025 Reliance Industries Limited, Annual General Meeting, Aug 29, 2025, at 14:00 Indian Standard Time. Announcement • Jul 11
Reliance Industries Limited to Report Q1, 2026 Results on Jul 18, 2025 Reliance Industries Limited announced that they will report Q1, 2026 results on Jul 18, 2025 Announcement • Jul 02
Rosneft Reportedly in Early Talks with Reliance to Sell Stake in Nayara Russian oil giant Public Joint Stock Company Rosneft Oil Company (MISX:ROSN) is in early talks with Reliance Industries Limited (NSEI:RELIANCE) for sale of its 49.13% stake in Nayara Energy Limited, which operates a 20-million tonnes-a-year oil refinery and 6,750 petrol pumps in India, sources said. Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation (IOC) to become India's No.1 oil refiner as well as give a meaningful presence in the fuel marketing space. But the talks are at preliminary stage and there is no guarantee that they may lead to a definite deal as valuation remains a sticky ground, three sources with direct knowledge of the matter said. Announcement • May 14
Reliance Industries Reportedly Revives 4.9% Stake Sale Plan in Asian Paints Reliance Industries Limited (NSEI:RELIANCE) (RIL) has revived plans to sell its 4.9% stake in Asian Paints Limited (NSEI:ASIANPAINT) by cashing out of its 17-year old investment in the company at a time when the sector is facing margin pressure and heightened competition, said people in the know. India’s paints market worth $9 billion has seen several new entrants seeking to topple No 1 Asian Paints from its perch. Reliance has engaged Bank of America (BoFA) to manage the transaction, through a single or multiple block deals. However, offers have been at a 6% - 7% discount to the current market price. Reliance did not respond to queries. Announcement • Apr 28
Family Offices Reportedly Eyes Stake in Haier Appliances India Reliance Industries Limited (NSEI:RELIANCE) has emerged as a key contender for a significant stake in the Indian operations of China’s Haier, said people in the know. Haier is seeking to localise its consumer electronics and appliance manufacture business by roping in a homegrown strategic partner. The move pits Reliance Industries against a consortium that includes Sunil Mittal of the Bharti Group, among others, mirroring their competition in the telecommunications sector. Haier Appliances (India) P. Ltd, ranked third after LG and Samsung, had been considering a plan to dilute 25% - 51% equity, including an MG Motors-style structure, in which an Indian entity becomes the single largest shareholder. It has been seeking a $2 billion - $2.3 billion valuation, which includes a control premium, said the people cited. RIL entered the race after nonbinding offers were made at the beginning of the year. Its advisers have directly approached Haier’s headquarters in Qingdao, according to the people. Mittal too had gone to China a few weeks ago to meet the Haier top management, two industry executives said. It’s understood that the Reliance retail unit will be the vehicle for the potential acquisition, said the people cited. Reliance is keen on going solo, unlike the others, as of now, they said. It’s been building its own-brand business in electronics with licensed labels such as BPL and Kelvinator. Reconnect and Wyzr, brands that Reliance founded, have met with limited success.ET was first to report on December 25 that Mittal had formed a consortium with Warburg Pincus. In this battle of billionaires, the other groupings include TPG and the Burman family of Dabur; Goldman Sachs and the Amit Jatia family; and GIC of Singapore with BK Goenka of Welspun, after initially joining forces with Uday Kotak. The combine of the family office of Puneet Dalmia of the Dalmia Bharat Group and Bain Capital has opted out. Announcement • Apr 25
Reliance Industries Limited Recommends Dividend for the Financial Year Ended March 31, 2025 Reliance Industries Limited announced that at the board meeting held on April 25, 2025, recommended a dividend of INR 5.50 per equity share of INR 10/- each for the financial year ended March 31, 2025. Announcement • Apr 18
Reliance Industries Limited to Report Q4, 2025 Results on Apr 25, 2025 Reliance Industries Limited announced that they will report Q4, 2025 results on Apr 25, 2025 Announcement • Mar 21
Rosneft Reportedly Eyes Exit from Nayara Energy Amid Sanctions, Talks with Indian Conglomerates Underway Public Joint Stock Company Rosneft Oil Company (MISX:ROSN) may be looking for an exit from Nayara Energy Limited (formerly Essar Oil), in which it acquired a 49.13% stake in 2017 as part of a $12.9 billion deal, the largest foreign investment in India's refining sector, according to several people aware of the development. Burdened by sanctions, the Russian company has not been able to repatriate earnings from Nayara Energy in the past few years, which could be one of the key reasons it's considering the idea of selling the Indian unit, they said. Talks have been held with Indian conglomerates with the unit being valued at over $20 billion, said the people cited above. To be sure, these negotiations are at an initial stage and a deal may not take place given the complexities and the size of the asset. Rosneft has been under US and EU sanctions since 2014. Separately, UCP Investment Group (United Capital Partners), one of the largest financial investment groups in Russia, is also looking to sell its stake in Nayara Energy for over $5 billion, they added. Following the 2017 purchase, Rosneft took a 49.13% stake while the Trafigura Group and UC consortium got 24.5% each, with the rest owned by retail shareholders. UCP and Rosneft have held talks with Reliance Industries Limited (NSEI:RELIANCE), Adani Enterprises Limited (BSE:512599) and JSW Group, said the people cited. Senior Rosneft executives had visited Delhi in March and had conversations with top energy sector officials. There also have been talks with Saudi Aramco (Saudi Arabian Oil Company (SASE:2222)), two people said. Aramco, in a strategic pivot toward Asia, had last year committed to investing $100 billion in diverse sectors of the Indian economy. In an emailed Rosneft Oil Company said, "The company does not discuss its production plans with media representatives." Reliance Industries, Adani Group and UCP Investment Group didn't respond to queries. JSW Group and Saudi Aramco declined to comment. Announcement • Feb 15
Reliance Industries Limited Provides Update on Litigation Reliance Industries Limited had won arbitral award issued by an eminent international arbitration panel on July 24, 2018 against the Government of India's (GOI's) claim on the KG-D6 Consortium for an amount of approximately USD 1.55 billion on account of alleged gas migration from ONGC's blocks. A single judge of the Hon'ble Delhi High Court, on May 09, 2023, dismissed the GOI's appeal challenging the arbitral award. GOI had filed an appeal before the Division Bench of the Hon'ble Delhi High Court. The Division Bench of the Hon'ble Delhi High Court on February 14, 2025 reversed the judgment of the single judge. After analyzing the judgment, the Company will file an appeal before the Hon'ble Supreme Court of India. Announcement • Jan 09
Reliance Industries Limited to Report Q3, 2025 Results on Jan 16, 2025 Reliance Industries Limited announced that they will report Q3, 2025 results on Jan 16, 2025 Announcement • Dec 15
Reliance Industries Appoints Ira Bindra as Group President for HR & Talent Ira Bindra has been appointed as the Group President - People and Talent of Reliance Industries Limited (RIL). Bindra joins the organization after a distinguished career at Medtronic, USA, where she served as the Head of Human Resources and Vice President - Global Regions. With extensive global experience spanning diverse industries, Bindra brings a wealth of expertise to Reliance. Her professional journey includes leadership roles at prominent Fortune 100 companies such as GE, where she spearheaded transformative HR initiatives. Announcement • Nov 14
Reliance Industries Limited (NSEI:RELIANCE) Completed the acquisition of 13.01% stake in Viacom 18 Media Private Limited from Paramount Global (NasdaqGS:PARA). Reliance Industries Limited (NSEI:RELIANCE) entered into binding agreement to acquire 13.01% stake in Viacom 18 Media Private Limited from Paramount Global (NasdaqGS:PARA) for INR 42.9 billion on March 13, 2024. Upon completion of the acquisition Reliance Industries Limited will be increasing the holding of the Company in Viacom18 to 70.49% (on a fully diluted basis). Upon completion of the steps, the JV will be controlled by the Company and owned 16.34% by the Company, 46.82% by Viacom18 and 36.84% by Disney. This transaction is subject to regulatory approvals and completion of another transaction. Goldman Sachs (India) Securities Private Limited acted as financial advisor to Reliance Industries Limited.
Reliance Industries Limited (NSEI:RELIANCE) Completed the acquisition of 13.01% stake in Viacom 18 Media Private Limited from Paramount Global (NasdaqGS:PARA) on November 14, 2024. Announcement • Oct 07
Reliance Industries Limited to Report Q2, 2025 Results on Oct 14, 2024 Reliance Industries Limited announced that they will report Q2, 2025 results at 4:00 PM, Indian Standard Time on Oct 14, 2024 Announcement • Aug 30
Reliance Industries Limited Declares Dividend for the Financial Year Ended March 31, 2024 Reliance Industries Limited announced at the AGM held on August 29, 2024, approved Declaration of dividend on equity shares, at the rate of INR 10/- (Rupees ten only)
per equity share of INR 10/- (Rupees ten only) each fully paid-up, for the financial year ended March 31, 2024. Announcement • Aug 25
Disney-Reliance Reportedly Offer Concessions for Merger, But No Cricket Rights Sale The Walt Disney Company (NYSE:DIS) (Disney) and Reliance Industries Limited (NSEI:RELIANCE) have offered some concessions to secure an India antitrust approval for their $8.5 billion media merger, but are unwilling to sell any cricket broadcast rights, the biggest prize in the deal, two sources familiar with matter said. Reuters reported earlier this week that the Competition Commission of India (CCI) sent a warning notice to the companies expressing concern that their merged entity will have a tight grip on most cricket rights for TV and streaming in India, and can hurt advertisers. In their response, the companies have offered to go easy on advertising rate hikes and not increase them unreasonably, the sources said. Many antitrust experts had said that one way to clear the antitrust hurdle was to sell some cricket rights, be it for some tournaments or broadcast medium like TV, but Disney and Reliance have made a new private submission at the CCI in which they have said they are unwilling to do so, said the two sources, who declined to be named as the process is confidential. The submissions are being reported for the first time. Reliance, Disney and the CCI did not immediately respond to Reuters queries. The companies have told the CCI they were willing to commit they are not going to increase advertisement prices for cricket matches in any unreasonable way, said the sources. The first source, however, added the companies have not committed to imposing any price caps or freeze on increasing ad rates for a particular period. Antitrust experts foresee that to seal the deal the companies need to provide structural changes to their arrangement or so-called behavioural remedies, or both, which can include selling some broadcast rights and capping ad rates. Announcement • Aug 15
Walt Disney, RIL Likely to Shut Some Channels to Win CCI Nod for Merger The Walt Disney Company (NYSE:DIS) and Reliance Industries Limited (NSEI:RELIANCE) have offered to shut Star India and Viacom18's Hindi and regional channels to win Competition Commission of India's (CCI) approval for their merger proposal, said people with knowledge of the matter. The two companies might close flanking or secondary Hindi general entertainment channels (GECs) to retain both the flagship Hindi GECs—Star Plus and Colors— in the merged entity, the people said. Additionally, it plans to close channels in Kannada, Marathi, and Bangla language markets. The merged entity of Star and Viacom18 will enjoy more than 40% share in Hindi, GEC, Kannada, Bangla, and Marathi markets. It will become a virtual monopoly in sports broadcasting, holding all the key cricket and non-cricket rights. Any entity that has more than 40% market share in a category is considered dominant by the CCI. RIL and Disney declined to comment. People said the two companies are hoping that the CCI might not ask them to shut or divest their flagship Hindi GECs, Star Plus and Colors, or part with certain cricket properties in exchange for shutting flanking Hindi GECs. “Except the flagship channels, other Hindi GECs might be closed down. In the regional markets, the channels that are struggling will be shut down. Star has much more powerful regional channels than Viacom18, which is strong only in the Kannada market," one of the persons said. Both RIL and Disney are hoping to close the merger by October. Announcement • Aug 10
Reliance Industries Limited Proposes Dividend for the Financial Year Ended March 31, 2024 Reliance Industries Limited at its AGM to be held on August 29, 2024, recommended a dividend of INR 10.00 per equity share of INR 10 each for the financial year ended March 31, 2024. The Company has fixed August 19, 2024 as the "Record Date" for the purpose of determining the members eligible to receive dividend for the financial year 2023-24. Dividend, if declared at the AGM, will be paid within a week from the conclusion of the AGM. Announcement • Aug 08
Reliance Industries Limited, Annual General Meeting, Aug 29, 2024 Reliance Industries Limited, Annual General Meeting, Aug 29, 2024, at 14:00 Indian Standard Time. Announcement • Jul 12
Reliance Industries Limited to Report Q1, 2025 Results on Jul 19, 2024 Reliance Industries Limited announced that they will report Q1, 2025 results on Jul 19, 2024 Announcement • May 14
RIL Reportedly Evaluating Potential Buys in Diagnostics Segment Reliance Retail Ventures Limited is planning a determined push into the $150 billion diagnostic healthcare segment with the acquisition of a majority stake in a pure-play diagnostic services company, with a cheque size in the range of INR 10.00 billion - INR 30.00 billion, sources said. The Mukesh Ambani-owned retailer is looking for a player with a pan-India presence, sources said. The Reliance Industries Limited (NSEI:RELIANCE) subsidiary has online pharmacy Netmeds in its portfolio, which also offers pathology services through its tie-ups with companies such as Thyrocare, Healthians and a few others. The intent now is to have its own diagnostic company with a large network of physical laboratories across the country offering a range of services and scale that up, people aware of developments said. The company is understood to be actively evaluating opportunities in the segment and a deal is likely in the medium term, depending on due diligence and the valuations. RIL did not respond to an email seeking clarification on its proposed plans. Announcement • Apr 16
Reliance Industries Limited to Report Q4, 2024 Results on Apr 22, 2024 Reliance Industries Limited announced that they will report Q4, 2024 results on Apr 22, 2024 Announcement • Mar 15
Reliance Industries Limited (NSEI:RELIANCE) entered into binding agreement to acquire 13.01% stake in Viacom 18 Media Private Limited from Paramount Global (NasdaqGS:PARA) for INR 42.9 billion. Reliance Industries Limited (NSEI:RELIANCE) entered into binding agreement to acquire 13.01% stake in Viacom 18 Media Private Limited from Paramount Global (NasdaqGS:PARA) for INR 42.9 billion on March 13, 2024. This transaction is subject to regulatory approvals and completion of another transaction. Announcement • Mar 07
Paramount Reportedly Said in Talks to Sell India TV Stake to Reliance Paramount Global (NasdaqGS:PARA) is in discussions to sell its stake in its media joint venture in India to Mukesh Ambani’s Reliance Industries Limited (NSEI:RELIANCE), according to people familiar with the matter, as Asia’s richest man continues to consolidate his clout in one of the world’s fastest-growing entertainment markets. The New York-based media company has been in advanced talks to sell its minority stake in Viacom 18 Media Private Limited to Reliance, said the people, who asked to not to be identified as the information is private. Talks between Paramount and Reliance are still ongoing and may not result in a deal, the people said. Announcement • Feb 26
Walt Disney and Reliance Industries Reportedly Sign Binding Pact to Merge their Media Operations in India The Walt Disney Company (NYSE:DIS) and Reliance Industries Limited (NSEI:RELIANCE) have signed a binding pact to merge their media operations in India, according to people familiar with the matter, as the US entertainment giant recasts its strategy amid intense competition in the world’s most-populous country. The media unit of Reliance, controlled by billionaire Mukesh Ambani, and its affiliates are expected to own at least 61% in the merged entity, with Disney holding the rest, the people said, asking not to be identified as the information is not public. The latest milestone, along with other details, are likely to be announced early this week, the people said. A Disney representative declined to comment. A Reliance spokesperson didn’t immediately respond to a query on the signing of the binding pact. The stake split between the partners may change, depending on how Disney’s other local assets are factored in by the time the deal is closed, the people said. Disney owns a minority stake in broadcast service provider, Tata Play Limited, which Reliance may consider acquiring, according to local news reports. Announcement • Feb 16
Reliance Industries Reportedly in Talks for Stake in Tata Play to Buy Disney's 29.8% Share Reliance Industries Limited (NSEI:RELIANCE) (RIL) is in discussions to acquire a 29.8% stake in Tata Play Limited from The Walt Disney Company (NYSE:DIS), according to sources close to the development. This move is seen as part of RIL’s broader strategy to deepen its footprint in India’s television distribution sector. Tata Sons, the holding company of the Tata group, currently holds a 50.2% stake in the satellite television broadcaster. Besides Disney, the remaining shares are owned by Temasek, a Singapore-based fund. If the negotiations are successful, it would mark the first time the Tata group and the Ambanis have partnered in a joint venture. It would also extend the reach of JioCinema across the Tata Play platform. Disney had intended to divest its shares during Tata Play's initial public offering, but as the listing was postponed, the American company began exploring other exit strategies. The spokespersons of RIL, Disney, and Tata Sons declined to comment. Temasek had also been in discussions with the Tata group last year to sell its 20% stake in the company, valued at approximately $1 billion. However, no agreement was reached. A source revealed that with the acquisition of the Tata Play stake, Reliance plans to offer its entire JioCinema content bouquet to Tata Play customers. Bankers, according to the sources, are currently evaluating the value of Disney's stake in Tata Play. The satellite television broadcaster faces numerous challenges, primarily competition from streaming platforms, such as Netflix, Hotstar, JioCinema, and Amazon Prime. Announcement • Feb 02
Reliance, Bodhi Tree Reportedly Discuss 60% Stake in Disney India Merger Talks Reliance Industries Limited (NSEI:RELIANCE) is close to merging its India media business with The Walt Disney Company (NYSE:DIS), opens new tab with a 51% to 54% stake, a deal that values the U.S. giant's Indian operations at just $3.5 billion, said three sources with direct knowledge. The valuation of Disney's India unit is sharply lower than the $15 billion to $16 billion estimated when Disney acquired Fox in 2017. Its TV and streaming business in India has struggled over the years, with its digital platform especially facing a user exodus in stiff competition over cricket streaming with Ambani's platforms. The deal will strengthen Reliance's hold over India's $28 billion media and entertainment market, especially after a separate $10 billion merger deal between Japan's Sony (6758.T), opens new tab and India's Zee Entertainment (ZEE.NS), opens new tab collapsed last week. The three sources said Bodhi Tree Multimedia Limited (NSEI:BTML), a joint venture between James Murdoch and a former Disney executive, Uday Shankar, is also in talks to take a stake of around 9% in the new merged entity. Disney will hold around 40%. Reliance, Disney and Bodhi Tree did not immediately respond to requests for comment. Two of the sources said the final percentage stake numbers could change. The sources declined to be identified because the talks are confidential. A deal could be closed by mid-February, the sources said. One of the executives said Viacom18 was also likely to infuse some cash in the merged entity. The third source said the deal talks were in advanced stages and some tax related matters were still being ironed out, though broad contours were almost finalised. 
