Reliance Industries Executes Rs. 73.94 Crore Block Trade on NSE

1 min read     Updated on 23 Sept 2025, 11:08 AM
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Overview

Reliance Industries Limited (RIL) executed a block trade of 535,503 shares at ₹1,380.70 per share on the National Stock Exchange, totaling ₹73.94 crores. Additionally, RIL announced the dissolution of its step-down wholly owned subsidiary, Reliance Global Project Services Pte. Ltd., as confirmed by Singapore's Accounting and Corporate Regulatory Authority.

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Reliance Industries Limited (RIL), one of India's largest conglomerates, has recently executed a significant block trade on the National Stock Exchange (NSE), showcasing continued market activity in the company's shares.

Block Trade Details

Reliance Industries executed a block trade involving 535,503 shares at a price of Rs. 1,380.70 per share. The total transaction value amounted to Rs. 73.94 crores, indicating substantial interest in the company's stock.

Corporate Update

In a separate development, Reliance Industries has provided an update on its corporate structure. According to the company's latest disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015:

  • Reliance Global Project Services Pte. Ltd., a step-down wholly owned subsidiary of Reliance Industries, has been dissolved.
  • The dissolution was confirmed by the Accounting and Corporate Regulatory Authority, Singapore.
  • As a result, Reliance Global Project Services Pte. Ltd. has ceased to be a subsidiary of Reliance Industries.

This corporate restructuring move aligns with Reliance Industries' ongoing efforts to streamline its operations and optimize its corporate structure.

Implications

The execution of the block trade worth Rs. 73.94 crores demonstrates continued investor interest in Reliance Industries' shares. Meanwhile, the dissolution of its step-down subsidiary reflects the company's dynamic approach to managing its corporate structure, potentially aimed at enhancing operational efficiency.

Investors and market watchers will likely keep a close eye on Reliance Industries' future moves, both in terms of market activity and corporate restructuring initiatives.

Historical Stock Returns for Reliance Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.77%-2.93%-2.85%+5.40%-7.85%+38.61%
Reliance Industries
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Reliance Industries' Subsidiary Dissolved in Singapore, Streamlining Global Operations

1 min read     Updated on 22 Sept 2025, 08:04 PM
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Riya DeyScanX News Team
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Overview

Reliance Industries Limited (RIL) has announced the dissolution of its step-down wholly owned subsidiary, Reliance Global Project Services Pte. Ltd., in Singapore, effective September 20, 2025. The dissolution was confirmed by Singapore's Accounting and Corporate Regulatory Authority on September 22, 2025. RIL disclosed this information to stock exchanges in compliance with SEBI regulations. The specific reasons for the dissolution were not provided, but such moves are often part of corporate restructuring efforts to optimize global operations.

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*this image is generated using AI for illustrative purposes only.

Reliance Industries Limited (RIL), one of India's largest conglomerates, has announced the dissolution of its step-down wholly owned subsidiary, Reliance Global Project Services Pte. Ltd., in Singapore. This strategic move, effective September 20, 2025, marks a significant development in RIL's global operational structure.

Dissolution Details

According to a disclosure made by Reliance Industries to the stock exchanges, the dissolution of Reliance Global Project Services Pte. Ltd. was confirmed by the Accounting and Corporate Regulatory Authority, Singapore, on September 22, 2025. As a result, the entity has ceased to be a subsidiary of Reliance Industries.

Timeline of Events

  • April 17, 2025: Initial communication regarding the planned dissolution
  • September 20, 2025: Effective date of dissolution
  • September 22, 2025:
    • Confirmation of dissolution by Singapore authorities
    • RIL received notification at 11:31 A.M. IST

Regulatory Compliance

The company has adhered to regulatory requirements by promptly disclosing this information under Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The disclosure was signed by Savithri Parekh, Company Secretary and Compliance Officer of Reliance Industries Limited.

Implications for Reliance Industries

While the specific reasons for the dissolution were not provided, such moves are often part of larger corporate restructuring efforts aimed at optimizing global operations and improving overall efficiency. The dissolution of this step-down subsidiary could potentially streamline RIL's international project services operations.

Market Response

As this news unfolds, market analysts and investors will likely be watching closely to see if this dissolution has any significant impact on Reliance Industries' global strategy or financial outlook. However, as a step-down wholly owned subsidiary, the direct financial impact on RIL's consolidated financials may be limited.

Reliance Industries continues to be a major player in various sectors, including energy, petrochemicals, retail, and digital services. The company's strategic decisions, such as this dissolution, reflect its ongoing efforts to adapt and optimize its global business structure in an ever-changing economic landscape.

Historical Stock Returns for Reliance Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.77%-2.93%-2.85%+5.40%-7.85%+38.61%
Reliance Industries
View in Depthredirect
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