This action might not be possible to undo. Are you sure you want to continue?
, in Ahmedabad in the year 1977. Textiles were manufactured using polyester fibre yarn. Dhirubhai started the brand "Vimal", which was named after his elder brother Ramaniklal Ambani's son, Vimal Ambani. Extensive marketing of the brand "Vimal" in the interiors of India made it a household name. Franchise retail outlets were started and they used to sell "only Vimal" brand of textiles. In the year 1975, a Technical team from the World Bank visited the Reliance Textiles' Manufacturing unit. This unit has the rare distinction of being certified as "excellent even by developed country standards" during that period.
Important past events
Reliance Logistics Private Limited earned its ISO 9001-2000 certification in the fiscal year 2004-05 for over 100 of its branches and 23 distribution centers by LRQA. In its first year of inception RLPL had a total turnover of Rs.319 crore. In the fiscal year 200203 RLPL commenced the transportation of RIL liquid chemicals and IPCL products. The same year it also launched non-RIL transportation services and increased its turnover to Rs.580 crore. The fiscal year 2003-04 marked the initiation of petro oil and lubricants transportation as well as the formation of 16 associated
Companies was completed. The distribution business and real time tracking unit installation was also initiated the same year. Multimodal transportation was initiated in the year 2005-06 and the turnover for RLPL was Rs.1531.85 crore. RLPL initiated its package delivery services and incorporated Infinite Logistics Solution Pvt. Ltd. in 2006-07 along with incorporating Relogistics India Pvt. Limited by merging 16 associated companies in one entity. RLPL uses IT support and in-house Telematics and Telemetry technology in order to facilitate its logistics business. RLPL and Container Corporation of India Ltd. formed a Joint Venture in 2007 to incorporate Infinite Logistics Solution Pvt. Ltd. with a 51:49 shareholding to provide end to end inter modal solutions to its customers.
Merger Details: Under the terms of the proposed merger, RPL shareholders will receive 1 (one) share of RIL for every 16 (sixteen) RPL shares held by them. The appointed date of merger of RPL with RIL is 1st April 2008. RIL will cancel its holding in RPL. Based on the recommended merger ratio, RIL will issue 6.92 crore new equity shares to the existing shareholders of RPL. This will result in a 4.4% increase in equity base from Rs 1,574 crore to Rs 1,643 crore. Consequently, the promoter holding in RIL will reduce from 49.0% to 47.0% Advisors to the merger are as follows: Valuation Advisors : Ernst & Young Pvt. Ltd. and Morgan Stanley India Co. Pvt. Ltd.
Shroff & Co. Ltd. To illustrate. Tax Advisor : PriceWaterhouse and Coopers Pvt. Fairness Opinion : DSP Merrill Lynch Ltd. . and Kotak Mahindra Capital Co Ltd. will be communicated separately. By the year 2004. to compete on a stronger footing in the global market. IPCL Acquisition Reliance acquired control of Indian Petrochemicals Corporation Limited (IPCL) on June 4. The proposed merger is subject to all necessary approvals. 2002. This acquisition prepares Reliance. (for RIL) and Citigroup Global Markets India Pvt. where major petrochemical companies follow a strategy of market consolidation. Ltd (for RPL) Legal Advisor : Amarchand & Mangaldas & Suresh A. they would command more than 35% of the global market. All other procedural aspects of the proposed merger. the top five global players in polyethylene and polypropylene enjoyed a share of 25% of the global market in 1994. together with IPCL. and the timetable for implementation.Transaction Advisors : JM Financial Consultants Pvt. Ltd.
to improve market leadership. would still be only about one third of the capacity of Dow. the largest manufacturer of polymers in the world. Production has increased by 25%. this combined polymers manufacturing capacity. This represents a realisation of all synergies at lightning speed. I am delighted to mention that Reliance has turned around IPCL's performance in the very first quarter. profit before tax by 140% and interest cost has reduced by 30%. Reliance would rank as the 11th largest polymer producer in the world. through an appropriate mix of 'bolt-on' acquisitions and globally competitive organic growth. . However. Reliance will continue to look for opportunities. of 26 lakh tonnes per year. in India and abroad.Together with IPCL.
12. of equity shares of Rs 10 each and 35.10 each and one bond of Rs.On 8th May the company was incorporated in Karnataka state as a public limited company under the name Mynylon Ltd.During the year Sidhpur Mills Co.000 equity shares of the Company in order to get the shares of the company listed on the stock Exchange at Mumbai. Texlene. Poly dyed and polytwist. 28.On 1st July. .000 .20. Reliance Textile Industries Ltd. polyester filament yarn. The company manufactures synthetic blended yarns and fabrics polyester filament yarn polyester staple fibre chemicals and allied products colour TV glass shells and colour TV picture tubes.With effect from 11th March 1st the name of Mynylon Ltd was changed to Reliance Textiles Industries Ltd. 1979 . to manufacture synthetic blended yarns and fabrics. the company was to issue and allot for every one equity share of Rs. It established a synthetic fabrics mill in the same year at Naroda in Gujarat. In terms of the scheme of amalgamation. 1975 . 100 each of Sidhpur. 2 equity shares of Rs. .11% bonds of Rs 80 each to the shareholders of . 1977 .The Company allotted a total of 1.000 No. Textron.On 11th February 1966 a company by name of Reliance Textiles Industries Pvt Ltd was incorporated in Maharashtra.1973 .80 of the company. was amalgamated with Mynylon Ltd. Ltd which has an installed capacity of 38. The company's fabrics are marketed under the brand name VIMAL. The Company's yarns are marketed under various brand names such as Texalit. .368 spindles and 490 looms was amalgamated with the company.On 28th June this company was converted into a public limited company. .On November Dhirajlal H Ambani and Natvarlal H Ambani along with some other existing shareholders offered for sale at par to the public. polyester glass shells and colour TV picture tubes.
Financial and technical collaboration was finalized with E. 1983 .101.00..Company was set up Polyestr Filament Yarn Plant at Patalganga in Raigad district of Maharashtra with the financial and technical collaboration with E.. 19.50. of Equity shares allotted conversion of non-convertible portion of debentures of Series I. U. 1:4. 53. Of these.5% pref. Goodrich & Co. II.9.1983.56. of equity shares allotted out of the Rights issue of 1981. III and IV of the total value of Rs 7231.00.The Company received a letter to intent from the manufacture of 10.13. 1984 . for PVC.28.333 No. . 24. 1985 . shares issued as Rights to equity share holders.I.I Du Pont De Nemours & Co.5.Sidhpur Mills.675 No.A letters of intent were received for the manufacture of 50. Equity shares of Rs 10 each for every Rs 100 of debentures (100.741 Bonus Equity shares issued in propn. USA.33.000 tonnes per annum of polyester filament yarn. of equity shares issued (prem. Steps were also taken to set up a project for the .F.S.4. Du Pont De Nemours & Co.000 tonnes per annum of poly vinyl chloride (PVC). of Equity shares of Rs 10 each issued in part conversion of debs. (iv series) on 22.214.171.124.000 tonnes per annum of high density polyethylene (HDPE) and 1.00. shares increased to 15% effective from 16. Technical collaboration agreements were signed with Du Pont for HDPE and with B.000 . Rs 40 per share) on part conversion of `E' Series debentures as on 30.1984.316 shares in 1985).111.5% Pref. 815 No.000 equity shares issued to debentureholders (Series III) as per the terms of that issue. Rate of dividend on 13.92 lakhs in prop. 64.A.000 shares issued as additional entitlement to debentureholders (iv series) on account of bonus issue. 1982 . 1980 .1985.359 shares in 1984 and 96. 3:5.000 No.
During the same year company set up a project for the manufacture of linear alkyl benzene in technical collaboration with UOP Processes International Inc.With effect from 1st October the running business of the Sidhapur unit was taken over by Devti Fabrics Ltd.manufacture of mono ethylene glycol (MEG). 1987 .The Company installed an additional capacity of 15.On 30th September Devti Fibres Ltd became a subsidiary of the company.. . Trishna Investments and Leasing Ltd. Subsequent to 30th June. . USA. a basic raw material required for the polyester industry. USA.On March a plant for the manufacture of Polyster Staple Fibre was commissioned in technical collaboration with F. Reliance Petroproducts Ltd.I DU Pont De Nemours and Co.125 tonnes per annum of polyester yarn. A Collaboration agreement was entered into with Scientific Design company. USA. U.. . also subsidiaries of the Company.000 benzene in technical collaboration with UOP Processes International Inc.000 tonnes per annum in technical collaboration with Imperial Chemical Industries UK and UOP Processes International Inc. . 1986 .The name of the company was again changed from Reliance Textiles Industries Ltd to Reliance Industries Ltd with effect from 27th June.. . . This plant was commissioned during the year. .As a measure of diversification the company undertook to set up a project for the manufacture of 50. is a subsidiary of the company. New York for this project. a company incorporated as a . all these industrial licenses were transferred to Reliance Petrochemicals.. Reliance Industrial Investments & Holdings Ltd.Three letters of intent were converted into industrial licenses.000 tonnes per annum of linear alkyl the manufacture of 50.A.Steps were in progress for implementing a project for the manufacture of purified terepthalic acid with a capacity of 75.S. Ltd.
480 No. 300. for setting up a joint sector project for the manufacture of 15. 14.50 per shares) in conversion of `G' series debs.11. US. 1990 .00. prop.During the year pursuant to the policy announced by Govt. The balance 12. UK.100 shares allotted in respect of earlier conversion of debs. the company embarked upon expansion of PTA capacity from 1.000 Rights shares than issued (prem.88. Rs 62. .00. 1991 .60.During the year approval was received under the board branding scheme for the manufacture of 15.000 No. UK.000 additional shares were allotted to retain over-subscription for rights.A technical collaboration agreement for 10 years was entered into with Stone And Webster Engineering Corporation USA for production of .30. 1989 . . regarding minimum economic scale. Rs 50 per share. Out of which 660.305 shares allowed to lapse. -The technical collaborator for PFY and PSF was DuPont. of Equity shares allotted (prem.000 tonnes per annum of polyester filament yarn.During the year the company entered into a Memorandum of Understanding with West Bengal Industrial Development Corporation Ltd.695 shares taken up. LAB is sold under the brand name Relab.Linear Alkyl Benzene Project was commission on the second quarter of the year.000 tonnes per annum. In December a joint sector agreement was entered into for setting up a new company under the name Reliance Bengal Industries Ltd.subsidiary of the company. of Equity shares were offered to employees at a prem. Along with the Rights issue. and for PTA. off Rs 50 per share (under Employees Stock Option Scheme) but only 1. and ICI.65.00.000 tonnes per annum of PFY under the description PSF/PFY with in the licensed capacity PSF. US.689. UOP Processors.000 tonnes to 2. 1:4) (all were taken up 14.00. 1988 . The project is being undertaken in technical collaboration with John Brown Engineers & Constructors Ltd.
In Series .000 debentures were allotted to retain over subscription. These debentures would be redeemed on the expiry of 10 years from the date of allotment.000 debentures taken up.In Series .17.14% secured redeemable non-convertivle debentures of Rs 150 aggregating to Rs 114 crores attached with a detachable warrant.50 crores to the equity shareholdes on Rights basis in the proportion of 1 debenture for every 6 equity shares held. As per the scheme of amalgamation. to the equity shareholders on rights basis in the proportion of one debenture for every 20 equity shares held. Rs 55 of the face value of each debenture was to be converted into 1 equity shares of Rs 10 each at a premium of Rs 45 per share at the end of 18 months from the date of allotment.In Series .000 TPA Ethylene Oxide and Mono Ethylene Glycol plant at Hazira. 1992 . The debentures of Rs 150 would be redeemed on the expiry of 10 years from the date of allotment.50. 1 equity shares of RIL was issued against 10 equity shares held in Reliance Petro Chemicals .000 debentures were allotted to retain over subscription.000 .00.95 lakh TPA of propylene and 1.00.000 . Gujarat. Additional 11. Only 15. . Additional 45.With effect from 1st March Reliance Petrochemicals Ltd.`J' Debentures 76. was merged with the Co.`H' Debentures. The unsubscribed portion of 20. In 1991-92.20. . Remaining Rs 95 of the face value of each debenture was to be redeemed at par on the expiry of 10 years from the date of allotment.12.5% secured redeemable partly convertible debentures of Rs 150 each offered on Rights basis in the proportion 1 debenture: 5 equity shares held.000 debentures were allowed to lapse.60.000 debentures were offered to employees' on an equitable basis.00.40.000 . RIL commissioned a petrochemicals unit to manufacture HDPE and PVC at Hazira. 304. 1. .00.4 lakh TPA of ethylene.`K' Debentures 265.20 lakh TPA of mixed C4 stream.5% Secured redeemable non-convertible debentures of Rs 100 aggregating Rs 265.During the period company commissioned its 1. . 15. in technical collaboration with DuPont and BF Goodrich respectively.
.94 of which of Equity shares allotted on part conversion of `H' 100.571 shares yet to be allotted. twisted.18% non convertible secured redeemable debentures of Rs.00.00.2.000 TPA of bottle grade PET chips in Hazira.The PFY division introduced two new products viz.34.Ltd. . under Scheme of Amalgamation. Series debenture warrants issued.05.100 each on private placement basis with financial institutions. an addition of 150 MW of power was to be added.. .16.000 shares.935 No.. of equity shares allotted again 3. . 127. .16. 1994 .440 No.00. 183.Company issued 60. . loans 103. of Equity shares allotted till date as again 92. On completion of these project. shares fully paid-up. high flow injection moulding grade and high ESCR blow moulding grade.586 No.13% Pref.The PFY unit introduced a wide range of value added products including textured.98. . .000 . Several new and customized product range was introduced such as ultra-stabilized raffia grade.60.000 GDS representing 184.40.000 TPA Caustic Soda plant at Hazira for manufacture of ethylene di-chloride (EDC). Micro and multi-filament yearn.The company undertook to expand the captive power capacity at Hazira as well as set up new captive power plants at Naroda and patalganga.000 GDS issued 81. high twisted dyed yarn.000 Global depository shares 749. Approvals were received from the Government towards acquisition of 2 Suez-Max crude oil tankers.000 TPA of polyester yarn and 30. 2.667 shares allotted to SCICI on conversion of shares allotted underlying.The Company was awarded the medium sized discovered oil and gas fields for exploration and production. .000 TPA of chlorine.The Company proposed to set up a project for the manufacture of 70.66.The Company proposed to set up a caustic chlorine plant with a capacity of 1.00.000 No. of Equity shares allotted shareholders of erstwhile Reliance Petroleum Ltd.027 on 15.364.On May 27 the company offered 92.66. 1993 .99. increasing the total installed captive power plant capacity to 350 MW.
A new plant to produce 1. 3.000 TPA of Polyethylene and 65.50 each.75.000 TPA of MEG was to be set up adjacent to its existing capacity. lubricants and speciality application.000 TPA at Hazira. the Company allotted 995. .100 each on a private placement basis with financial institutions.000 TPA of ethylene. .000 14% secured redeemable non convertible debentures of Rs. 10 each of the Company for every . Mukta and Tapti fields.A new product Octene LLDPE was introduced. (RPPL) and Reliance Polyethylene Ltd.During the year company commissioned a new Triethylene Glycol manufacturing factory with a capacity of 10. of equity shares of Rs 10 each to the erstwhile shareholders of Reliance Polypropylene Ltd.During June.During the year company has an unincorporated joint venture with Enron & ONGC to develop Pann. . .000 TPA of FDY plant plant at Patalganga.50.The Company signed a Memorandum of Understanding with the Government of Assam for implementation of RAPL for manufacture of 3.00. the Company allotted 600. It was also proposed to set up a 5. 12.00.14% Secured redeemable non-Convertible debentures with detachable Warrants of Rs.On 23rd January. a by product from its Monoethylene Glucol plant.000 TPA of Oxoalchols based on ethylene and propylene products from the gas cracker.000 TPA to add value to Diethylene Glycol (DEG). 1995 . .20.00.000 TPA. In the fibre intermediate business.50. .915 No. (RPEL) in the ratio of 30 equity shares of Rs 10 each for every 100 equity shares of Rs 10 each held in RPPL and 25 equity shares of Rs. TEG is an import substitute used in oil exploration. banks/bodies corporate.000 .The Company undertook steps to de-bottlenecking its existing facilities and modernize the Control and Automation system.. It also proposed to increase the polyvinyl chloride capacity to 30.On January the company issued 82. the Company undertook to set up a World Size PTA plant of 3.
A letter of intent had been singed by both the companies in October. neared mechanical completion. commissioned new 1.000 TPA MEG project using ABB Lummus crest.Reliance Telecom has struck a deal with US-based telecommunications giant Motorola to set up the cellular network in the secured circles. for production of paraxylene at Jamnagar.00. US.00. .50. .000 tpa. PSF plant based on DuPont technology the PET bottle grade resin plant of 80.000 TPA of ethylene.60. .During the year the company commissioned 60. undertook to set up a new 1. .000 tpa PYF capacity at Hazira. 1996 . As a part of its vertical integration stategy the Co.The company commissioned 3. completed debottelenecking of the PVC plant and increased the capacity to 270.000 TPA capacity received technological assistance of SINCO Engineering Italy. And a 350. 3.000 TPA of Oxoalchol based on ethylene and propylene products from the gas cracker. of Assam for implementation of RAPL (Reliance Assam Petrochemicals Ltd.During the year Co.In 1995-96.) for manufacture of 3.000 TPA MEG project at Hazira.000 TPA of Polyethylene and 65.Reliance Industries Ltd.000 tpa capacity polypropylene fully computerised plant was commissioned during 96-97.100 equity shares of Rs 10 each held in RPPL.20. . . . is a major player in the Indian petrochemicals sector.20. Netherland's techology.000 TPA. it entered the telecom industry through a joint venture with Nynex.During the same period company commissioned the 1.During the year company commissioned the largest multified carbon .000 tpa PTA Plant. RIL is India's largest private sector enterprise.During the year Co. .During the year company signed a Memorandum of Understanding with the Govt.(RIL). And the NGL/Naptha gas cracker palnt using technology of stone & webster USA. has tied up with United Oil processing Company of the US. .
VCM.000 tpa of ethylene.The Company proposed to set up two more plants one PP plant with capacity of 4. shares redeemed.000 tonnes bottle grade PET Chip plant at Hazira manufacturing complex. . 365.908 shares out of these meant for amalgamation issued. . Jamnagar.000 tpa of propylene and over 10. UK technology. is to tie-up with Nynex Corporation to jointly bid for the licenses to operate basic and cellular telecom networks throughout India.The company commissioned a new 3. Butenes.During the same year company undertook to implement 3 independent power projects in separate entities with a total power generating capacity of 1331 MW at Patalganga. MEG. 4 ocean going vessels for liquefied gases and 5 tugs. Gujarat under the . the joint venture partner and operator presented a proposal to Tapti Consortium participants seeking approval of a new development plant for Tapti gas fields by which the volumes could reach 17 million standard cubic meters during 2000 if the plan was approved.Reliance Industries Ltd. 14% Pref. . 1997 . PXBZ & Naphtha. EDC.Enron Oil Gas. The expansion is resigned to handle Ethylene.. . .During the period Reliance Industries Limited.Company has set up a refinery at village Motikhvdi.4 million tpa. has tied up with the $ 16-billion Baby Bell telecom company from the US. CR redeemed. .50.000 tpa and these paraxylene plants with an aggregate capacity of 1. . Bawana. 7. The combine will bid for basic and cellular mobile telephone service with the Department of Telecommunications.00. Propylene.00.000 tpa of anomatics and other products. . commissioned an 80.15% Pref. .50.During the year Co. the Nynex.During the year company constructed a cost effective infrastructure commissioning of 1 single point mooring system.000 tpa PTA manufacturing facility based on ICI.plant to produce 7. It has 1 ocean going tanker. The chips was marketed under the brand name Relpet. . 3 jetties.The company was awarded four separate exploration blocks. LPG.
000 tonnes per annum. . are embarking on a joint marketing effort to issue RIL bonus shares in the demat form. at its Hazira Petrochemicals Complex. . investors will be assured of clean securities.452 bonus equity shares allotted 7289149 No. . .The Reliance Industries Ltd. for setting up of the grass root refinery at Jamnagar.90. . (RIL) has achieved the distinction of becoming the first company in the country to undertake security audit in the interest of its investors. hold 39% of the paid up equity capital of Reliance Petroleum on a fully deluted basis. . with a capacity of 120. has bagged the National Energy .Reliance undertook to make significant investments in Reliance Petroleum Ltd.RIL was one of the first companies to join the depository and by issuing bonus shares through the demat form. (RIL) has successfully commissioned its third 30.The National Securities Depository Ltd. (NSDL) and Reliance Industries Ltd.000 tpa plant shortly. of equity shares allotted at conversion of debentures and reissue of forfeited shares.000 tonnes per annum (tpa) polyester filament yarn (PFY) plant at Hazira in Gujarat. The capacity at the Hazira plant is being further extended to 120.Around 57 lakh euro-convertible bonds of Reliance Industries Ltd.Reliance Industries Ltd.Reliance Industries will commission the world's largest grass-root single-stream multi-feed cracker plant.60. . .Bharti Telenet and Reliance were awarded letters of intent for Madhya Pradesh and Gujarat circles respectively.Reliance Industries Ltd. .46.. . . Gujarat. were converted into equity shares ahead of the book-closure for the 1:1 bonus issue on November 29. Reliance along with its subsidiary Reliance Industrial Investments & Holdings Ltd.Reliance Industries Limited has commissioned its second Mono Ethylene Glycol plant based on Shell process.name Reliance Petroleum Ltd.000 tpa of PFY by setting up another 30.
.For the first time Reliance Industries is entering the health-care sector with an initial investment of Rs. .Reliance Industries Ltd (RIL) has struck an understanding with the US based engineering firm Carter burgess Ltd to undertake projects in the road sector through the joint venture route. India's largest private sector company. Germany) to manufacture aide range of polyester technical fibres.000 Red. under which it has accorded a vital role to its non-executive directors. .Reliance Industries Ltd (RIL) has won the runner up award in the Best emerging market company investor relations category for 1998 instituted by UK's Investor Relations Magazine in association with Financial Times.The Chennai High Court has declined to interfere with the award of the Rs 15. It has become joint trustees of Sir Hurkisondas Nurrotumdas Hospital at Charni Road in Mumbai. Pref. reliance will have the majority stake. . 100 each issued.65. Reliance is the first and only Indian company to have received this prestigious award and the only Asian company to get this award in the emerging markets category.100 crore.000-crore private power project at Jayamkondam in Tamil Nadu to Reliance Industries Ltd (RIL) by the State Industrial Development Corporation (TIDCO). 1997 in the petrochemical sector.Conservation Award. . In the proposed joint venture. .RIL had entered into a 50:50 joint venture with Hoechst Fibres (a part of Hoechst AG. shares of Rs.Reliance Industries Ltd (RIL) founder and chairman Dhirubhai Ambani was awarded the prestigious the Dean's medal by the Wharton school (University of Pennsylvania) at a glittering ceremony in Mumbai on 15th June. .00. 1998 .Reliance Industries. . has undertaken a major initiative on corporate governance. The petrochemicals giant has won the special prize for the fourth consecutive year.
. in a record period of less then 3 years. . .Once again Reliance Industries Limited (RIL) is in the international limelight. . 2000 . Oil and Natural Gas Corporation (ONGC) and the US-based multinational Enron Oil and Gas has submitted a proposal with the union petroleum ministry for a four-fold increase in its gas production from five million tonnes a day to 22 million tonnes a day.Reliance Industries Ltd. IPO and membership Ashishkumar Chauhan for piloting the new project. is currently setting up a Rs 5.1999 . with a marketshare of 51 %. a leading US magazine.100 crore at Rs.Reliance has been ranked the second largest producer of POY and PSF in the world.1.Reliance is setting up a new venture for e-commerce related services and has roped in National Stock Exchange's head of market operations. derivatives.The US-based Eastman Chemical Company signed MoU with Reliance Industries.The Company undertook the commissioning of its jamnagar petrochemicals complex. . and the largest polyester manufacturer in India.Reliance Industries Ltd (RIL).550 crores petrochemical complex at Jamnagar. the company completed its integrated jamnagar complex. .During 1999-2000.303. .Reliance Industries Ltd to sign PSCs for exploration blocks in West Coast. to develop the market for Spectar copolymer and Eastar PETG . India's largest private company.Reliance Industries Ltd. has chalked out a capital allocation framework to enhance shareholder value and ensure profit growth and capital productivity. . RIL been named as one of the World's 100 best-managed companies for the year 1999 by Industry Week (IW).The un-incorporated joint venture between Reliance Industries. . to buy back shares up to Rs.
87.The Company has been selected as one of the World's 100 best-managed companies for the Year 2000. .133 fully paid equity shares of BSES of face value of Rs. 234/. .Reliance Industries Ltd. published in the current edition of the magazine. .500 info kiosks all over the State.Reliance Industries' internet service brand Only Smart was launched in Calcutta. is set to consolidate the financials' of BSES Ltd. .The Karnataka Government and Reliance Industries have set in motion a joint venture in e-governance to start 7.Reliance Industries Ltd.Issue of equity linked warrants under Employees Stock Option Plan.The board has issued 5. a wholly owned subsidiary of the company. . .The Company has informed that. .Reliance Power Ventures.26. . under its own income statement from the second quarter of this fiscal.per fully paid-up equity share. .Reliance Industries Ltd to set up a world-class Indian Institute of Information Technology. a wholly-owned subsidiary of Reliance Industries. . 10/each at a price of Rs. and Jet Airways have signed an agreement in principle to work together on planned airport privatisation projects. to set up a 7. . propose to acquire an aggregate of 2.The Company has acquired 100 acres at Patalganga to set up the proposed 447 mw power project.copolyester in India. Reliance Power Ventures Ltd.75.851 equity-linked warrants under the ESOP in accordance with the resolutions passed at the company's 26th AGM..Reliance and Malaysia's Petronas have signed an agreement with National Iranian Oil Co.45. . . industry.5 million-tonne per year liquefied natural gas plant in Iran. .Reliance Industries Ltd is the first private sector Indian company to find a place in the Forbes' International list of the 800 largest non-US companies.
Reliance Industries is set to take over the polyester business of JCT in a deal valued at Rs 492 crore.Reliance Industries and RPG have envisaged interest in setting up a convergence network in industrial township of greater Noida.Reliance Industries Ltd was completing the Assam Gas Cracker Project within 44 months on finalisation of Gas Supply Agreement with Oil India Ltd and ONGC/GAIL.Reliance Industries Ltd (RIL) has topped in mobilisation through debt private placements during the first quarter of the current fiscal. .During FY 2000-01. Reliance was. .Reliance Industries as entered into a collaboration agreement with Nova Chemicals of Switzerland for the manufacture of high density polyethylene and develop new grades of polymers like film. . .Reliance has formed a joint venture with Andhra Pradesh Technological Services to set up 7. to develop the proven Panna. awarded 12 new exploration blocks by the government through a process of competitive international bidding. in a 90:10 consortium with Niko Resources of Canada. . .. blow moulded containers etc. . . pipe.Credit rating agency Crisil has assigned the highest safety rating of `AAA' to the Rs 500 crore non-convertible debenture issue of the company.The Company executive director Nikhil R Meswani has been elected as president of Associaton of Synthetic Fibre Industry.Reliance has been awarded the entertainment centre property in Mumbai's upscale Bandra-Kurla commercial complex. .500 Internet kiosks across Andhra Pradesh to provide electronic governance to rural areas. and the handing over possession of land at Lepetkota in Dibrugarh district.Reliance holds a 30% interest in an unincorporated joint venture with Enron and ONGC. 2001 . Mukta and Tapti (PMT) oil and gas fields. . Enron has a 30% share and ONGC the balance 40% share.
Reliance Industries has signed a memorandum of associatin with National Iranian oil and BP to undertake a million easibility study to develop an LNG project in southern Iran.In April 2001. Reance. has assigned `Ind AAA' rating to the Rs 5.100 crore at a maximum price of Rs 303 per share. .Reliance Industries has entered into an alliance with Bangalore-based Indus League for the manufacture of its sole branded garment.: Reliance Industries Ltd (RIL) has been granted the Golden Super Star Trading House status by the Directorate-General of Foreign Trade (DGFT) in recognition of RIL's outstanding achievement in export.. Within the country. . RIL is the first manufacturer-exporter to be given this status .38 percent to 2.500 crore (0 million) in oil and gas exploration and production sector over the next three years. . . RIL is the first private sector company in India to be rated by the international credit rating agencies. .It has increased its stake in equity share capital of BSES. RIL successfully completed the first phase of a comprehensive restructuring plan for its textiles business located at Naroda. . .The Company has extended the share buyback programme for one more year as it has not bought back any shares during the current buyback period. through open offer to 27%. which presently contributes 1% of RIL's total revenues. .Reliance Industries will invest Rs 1. an electirc utility company.Reliance Industries has acquired an equity stake in five of Tullow Oil's blocks in Gujarat and Andhra Pradesh.Fitch Ratings India Ltd. .Reliance Industries has raised its stake in Larsen & Tourbo from 0. .000-crore non-convertible debentures of the Company. and the world's fourth largest producer of PTA. .Reliance is the world's third largest producer of paraxylene (PX).RIL has obtained ISO 9002 certification from BVQI for its Patalganga and Hazira complexes. Further it has announced the largest share buy back of Rs 1. near Ahmedabad in the state of Gujarat.87 percent.
Finds more gas in Block D6 in the deep waters of Krishna Godavari Basin .000 tonnes per year of polyvinyl chloride (PVC). The divestment of the L&T stake is in consonance with its declared objectives of unlocking value from its investments. Gujarat . One equity share of the company will be allotted for every eleven equity shares of RPL held. Reliance Industries sold its just over 10% equity stake in Larsen & Toubro. 2003 . 2001.In March 2002. 2001.Shuts down the aromatics plant at Jamnagar. Reliance Petroinvestments has become a subsidiary of the company. .Reliance is the largest manufacturer of PX.5 crore. 2002.Reliance Industries acquires 26% state & management control in Indian Petrochemicals Corporation Ltd.84 crore to Government of India. with a marketshare of over 80%.Discovers gas it its offshore exploration in Gujarat .e. -In Nov. in the interests of maximising overall shareholder value. the Board approved the proposal for amalgamation of Reliance Petroleum Limited (RPL) with the Company. All assets. The proposed Scheme of Amalgamation provides that the amalgamation will take effect from the Appointed Date i. while Reliance Life Insurance Company and Reliance General Insurance Company have ceased to be subsidiaries of the company. . Reliance has a capacity of nearly a million tonnes per year of polypropylene (PP). .Company’s Hazira manufacturing unit gets IMC-Bajaj quality award 2002 . to Grasim Industries for Rs 766.e.Reliance is the largest producer of polymers in the country with a marketshare of 52%.liabilities and obligations of RPL will vest in the company w.f from the said appointed date. PTA and MEG. (IPCL) by paying Rs 1490. the second largest player in the cement industry.In Jan. .Shareholders of Reliance Petroleum Ltd on April 15 approved the merger of RPL with Reliance Industries Ltd at a meeting held in Jamnagar and convened under the orders of the Gujarat High Court. 2002 .000 tonnes per year of polyethylene (PE) and 300. April 1. 400.
-RIL bags fourth slot among `Top 10' in Asiamoney's corporate governance poll on Asian companies in the energy sector.5% and BSES ceases to be subsidiary of the company due to the disinvestment ..Revises reserves of gas in Krishna Godavari Basin to 10.Ties up with DuPont Polyester Technologies (DPT) for the research and development (R&D) of the advanced polyester process and product technologies in India .Global rating agency Moody's changes the outlook on debt securities of the company from negative to stable .Strikes substantial gas reserves in Shahdol. Vice Chairman & Manading Director.45 trillion cubic feet .Signs pact with Council of Scientific and Industrial Research (CSIR) to create breakthrough technology in key areas from laboratory to commercial scale wherein the company will be offered the first right to the IPR (intellectual property right) for commercial development . in the State of Gujarat -Anil Ambani. voted as MTV Youth Icon of the Year -Initiated the work on deep-water exploration block. And joined the club of a select few Asian companies and is the only Indian private sector enterprise to find a place in the `Top 5' in the energy sector category -Mukesh Ambani. Madhya Pradesh .Anil Ambani appointed as BSES MD .Oil discovered in RIL's exploration block 9 in Yemen in which the company holds 20% shares .Unveils two improved lines of acrylic fibres . donates million to health programmes of the International Federation of Red Cross (IFRC) and Red Crescent Societies -Reliance exhorts NTPC Kayamkulam plant transplantation to Kakinada .Discovers fourth gas in KG-basin . in Nariman Point to Reliance Centre in Bellard Pier .Incidence of leakage in the FCC section of the company's refinery at Jamnagar. in the Krishna-Godavari basin off the Andhra Pradesh coast.Foreign Institutional Investors (FIIs) convert 24 million shares of the company into Global Depository Receipts (GDRs) . chairman and managing director (CMD).Shifts corporate headquarters from Maker Tower IV. KG-D6.Reduces stake in BSES from 55% to 49.
taking it closer to the position of the world's largest polyester maker -RIL appoints Parthiv Patel as sports executive -Reliance Industries takes over NIS Sparta -Reliance join hands with Temasek for 0 mn Power Fund -Reliance picks up Nasscom IT Excellence Award -RIL gets `Petrochemicals Company of the Year' award for 2004 . a polyester company in Germany.-Reliance occupies top slot in oil exports 2004 -Munich Re throws away Reinsurance JV program with RIL -Reliance Industries Associate signs MOU with National Organic Chemicals Industries Limited (NOCIL) fo taking over its petrochemicals & plastic products division -IPCL picks up gas from Petronet LNG -Reliance Industries Ltd has informed that FLAG Telecom on January 12. IOC inks deal for petro goods offtake -Reliance Industries announced that it had acquired Trevira. for around Rs 440 crore (E80m). 2004 announced that the Company (FLAG Telecom) has amalgamated with Reliance Gateway -Reliance Jamnagar refinery voted best among 50 refineries worldwide -Gujarat gives away Gujarat Garima Awards to Tata. country' largest private sector company. -Mukesh Ambani ranks 40th in the world business leaders -Reliance join hands with Gail for Indo-Iran natural gas pipeline project -Reliance Industries. has surged ahead of global players after it posted a net profit of more than billion in 2003-04. Ambani -Reliance Industries Limited (RIL) has increased the capacity of its Jamnagar refinery to 33 million tonnes from 30 million tonnes. -Reliance Industries Ltd has bagged a National Thermal Power Corporation (NTPC) order to supply 3 million tonnes of natural gas per annum for the latter's proposed 1300-MW power stations at Kawas and Gandhar in Gujarat for seventeen years -RIL chairman wins Asia Society Leadership award -RIL.
000-crore retail initiative. -Reliance Industries Ltd has formed a 0 million joint-venture with Mammut Group of Dubai. 2007 -Reliance inks JV with Yemen oil firm for refinery --Gail India Ltd and Reliance Industries Ltd (RIL) signing a Memorandum of Understanding (MoU) for cooperation in gas sector on March 15. Sameera Reddy and Bhumika Chawla. . 2005.Reliance Industries Ltd has appointed Dr. the producers of 'Jai Chiranjeeva' featuring Tollywood megastar Chiranjeevi.2005' -RIL inks MoU with HSIDC for establish multi-product SEZ -Reliance Infocomm has joined hands with Vyjayanti Movies. Borojo (pronounced as Boroho) North and Borojo South. 2006 -RIL inks marketing pact with Gulf Oil -Reliance Industries has unveiled the much-talked about Reliance Fresh brand. -RIL buys Malaysian based polyester firm. -Reliance Industries Ltd has signed Technical Evaluation Agreement in 2005 which has been converted to Hydrocarbon Production and Exploitation Contracts with Agenda Nacional de Hydrocarburos (ANH) of Colombia for two Offshore blocks. .2005 -RIL partners with Vivada for sale of diesel to fishing trawlers and boats -Reliance Industries Ltd was awarded the `International Refiner of the Year' 2005 at the World Refining and Fuels Conference's awards ceremony held in San Francisco on March 10. here on October 29. R A Mashelkar has been appointed as an Additional Director on the Company's Board. -Reliance signs agreement to acquire assets in Malaysia Consolidating global polyester vision. -Reliance Industries wins annual '2005 ASTD Best Award' from American Society for Training & Development -Reliance Industries wins two National Energy Conservation awards -Reliance Industries bags 'National Award for R&D Efforts in Industry . 2007. the first format of the company's Rs 25.
Reliance Industries Strikes Eighth Gas Discovery in Block NEC . The purchase was fuelled by lower freight rates and weaker US crude prices as compared to Europe.RIL has bought around 3 mn barrels of spot crude from Brazilian company Petrobras. Reliance Industries (RIL) has roped in a partner.25 in the Mahanadi Basin 2009 .50 crore equity shares of the company.RIL wins a Deep Water block in NELP VII .Reliance Industries makes Another Gas Discovery in Shallow Water Block in the Krishna Basin. .2008 .Reliance Industries has raised around Rs 3. off the Orissa coast.188 crore through sale of 1. and a Suezmax of October-loading Marlin. . in a bid to re-energize its dormant. The delivery is expected in the next two months. 2010 .Reliance Industries has discovered natural gas reserves in a well drilled on its NEC-25 block in Mahanadi basin. . .Haryana Special Economic Zone (SEZ). Reliance has bought a VLCC of Roncador Heavy and Albacora crudes to be loaded this month.
This action might not be possible to undo. Are you sure you want to continue?