You are here » Home » Companies » Reliance Industries Ltd - Announcements

Reliance Industries Ltd.

BSE: 500325 Sector: Oil & Gas
NSE: RELIANCE ISIN Code: INE002A01018
BSE 00:00 | 24 Apr Reliance Industries Ltd
NSE 05:30 | 01 Jan Reliance Industries Ltd

Approval Of The Scheme Of Arrangement Amongst Reliance Jio Infocomm Limited And Certain Classes Of I

March 18, 2020, 7:47 pm | Source: BSE

We refer to the disclosure made by Reliance Jio Infocomm Limited (RJIL) a wholly owned subsidiary of the Company dated March 18 2020 regarding approval of the Scheme of Arrangement amongst RJIL and certain classes of its creditors (the Scheme) by the Honble National Company Law Tribunal Ahmedabad Bench for transfer of certain identified liabilities (Identified Liabilities) to the Company.

Accordingly the Identified Liabilities of RJIL stand transferred to the Company.

There shall be no impact on the consolidated debt of the Company on account of assumption of the Identified Liabilities of RJIL.