RIL promoter group confirms no encumbrance on shares in FY26

Reliance Industries Holding Private Limited and Reliance Welfare Association, on behalf of entities belonging to the promoter and promoter group of Reliance Industries , declared that no encumbrance was created on the shares held by them during the financial year 2025-26. These declarations were submitted to the stock exchanges on April 9, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The filings confirm that the promoter group entities have not pledged or created any charge on the shares of Reliance Industries Limited held directly or indirectly at any point during FY26. The disclosure is a mandatory compliance requirement under the Takeover Regulations to ensure transparency regarding the holding status of promoter shares.

The declaration from Reliance Industries Holding Private Limited was signed and authenticated by Vijay R Agarwal, Company Secretary. The declaration from Reliance Welfare Association was signed by B. Srinivasan, Authorised Signatory. Both documents were addressed to the National Stock Exchange of India Limited and BSE Limited, with copies forwarded to the Company Secretary and the Audit Committee of Reliance Industries Limited.

The following table lists the entities that form part of the promoter and promoter group for these declarations:

Sr. No.	Name
1	Mukesh D Ambani
2	Nita M Ambani
3	Isha M Ambani
4	Akash M Ambani
5	Anant M Ambani
6	K D Ambani
7	Srichakra Commercials LLP
8	Devarshi Commercials LLP
9	Karuna Commercials LLP
10	Tattvam Enterprises LLP
11	Samarjit Enterprises LLP
12	Abhayaprada Enterprises LLP
13	Adisesh Enterprises LLP
14	Ajitesh Enterprises LLP
15	Badri Commercials LLP
16	Bhuvanesh Enterprises LLP
17	Chakradhar Commercials LLP
18	Chakresh Enterprises LLP
19	Chhatrabhuj Enterprises LLP
20	Harinarayan Enterprises LLP
21	Kankhal Trading LLP
22	Pavana Enterprises LLP
23	Pitambar Enterprises LLP
24	Rishikesh Enterprises LLP
25	Shripal Enterprises LLP
26	Taran Enterprises LLP
27	Trilokesh Commercials LLP
28	Vishatan Enterprises LLP
29	Reliance Industries Holding Private Limited
30	Exotic Officeinfra Private Limited
31	Carat Holdings and Trading Co Pvt Ltd
32	Neutron Enterprises Private Limited
33	Futura Commercials Private Limited
34	Chakradev Enterprises LLP
35	Janardan Commercials LLP
36	Elakshi Commercials Private Limited
37	Pinakin Commercials Private Limited
38	Svar Enterprises LLP
39	Vasuprada Enterprises LLP
40	Kamalakar Enterprises LLP
41	Narahari Enterprises LLP
42	Shreeji Comtrade LLP
43	Shrikrishna Tradecom LLP
44	Reliance Life Sciences Private Limited
45	Sikka Ports & Terminals Limited
46	Jamnagar Utilities and Power Private Limited
47	Tiruttani Infraclog Private Limited
48	Reliance Welfare Association

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+2.36%	+3.70%	-0.12%	-8.96%	-10.66%	+38.41%

Reliance Industries is reportedly charting a new course in India's beverages landscape by planning to introduce low alcohol drinks in the country. This strategic move is expected to be distinct from the company's existing soft drink portfolio, which includes the revived Campa Cola brand, signalling a deliberate effort to diversify into a separate product category.

Separate Identity from Campa Cola

The planned low alcohol beverages are being positioned as a standalone offering, differentiated from Campa Cola. This distinction underscores the company's intent to build a dedicated identity in the low alcohol drinks space rather than extending its current non-alcoholic brand into the segment.

Acquisition of Alcohol Manufacturing Firm on the Radar

Alongside its product launch plans, Reliance Industries is also said to be exploring the acquisition of an alcohol manufacturing firm. The following table summarises the key strategic developments reported:

Parameter:	Details
New Product Category:	Low alcohol beverages
Differentiation:	Distinct from Campa Cola brand
Inorganic Strategy:	Exploring acquisition of an alcohol manufacturing firm
Market:	India

These dual initiatives — organic product development and potential inorganic growth through acquisition — reflect a broader strategy to establish a meaningful presence in India's evolving alcoholic and low-alcohol beverages market.

Strategic Context

Reliance Industries has been actively expanding its consumer goods footprint in recent years, with the relaunch of Campa Cola being a notable example. The reported foray into low alcohol drinks and the pursuit of a manufacturing acquisition would represent a significant new frontier for the conglomerate in the beverages sector.