Guide to apply for

RIGHTS ISSUE
About Reliance Industries Ltd’s Rights Issue

Reliance Industries’ proposed rights issue, the biggest-ever equity fund raise by an Indian company, is set to
open on May 20, 2020. This proposed rights issue is aims at deleveraging and becoming net debt-free by
March 31, 2021. RIL will issue 42,26,26,894 equity shares totaling ₹ 53,125 crore. All the shareholders
holding Reliance shares as on or before May 14, 2020 are eligible for this Rights Issue.

• Issue Opening Date: Wednesday, May 20, 2020

• Issue Closing Date: Wednesday, June 03, 2020
• Issue Price: ₹ 1,257 per Rights equity share
• Rights Ratio: 1 Right share for every 15 shares held
• Payment Terms: First 25% (₹ 314.25) on application. Balance to be paid in two tranches –
₹ 314.25 in May 2021 and ₹ 628.50 in November 2021
• Date of Allotment: Wednesday, June 10, 2020
• Date of Credit: Thursday, June 11, 2020
• Date of Listing: Friday, June 12, 2020
Applying for Reliance Industries Ltd’s Rights Issue

How to apply?

Apply Through Registrar’s (Karvy Apply Through ASBA*

Fintech’s) Website
(Axis, HDFC, Kotak, etc.)
Visit https://rights.kfintech.com/

- Log on to https://rights.kfintech.com - Log on to the net banking website and apply

- Fill details like Registered no., PAN etc. from ASBA section
- Click Go under ‘Apply for Rights Issue’
- Submit online form and make payment - A similar way as an individual apply for IPO
- Acknowledgment upon successful completion

Note:
-Third-party transactions or payments won't be accepted.
-Investors can make payment only using bank account held in their own name.
-A broker cannot collect the application form and submit the application on behalf of any client.
-An application cannot be made by cash / cheque.
Applying through Karvy Fintech platform – Step 1
SEBI has allowed the process to subscribe to the rights issue to be slightly modified during the lockdown period. Once the issue opens on
May 20, you will be able to visit the RTA's website and directly pay for your application from your bank account using the RTA's payment
gateway. The RTA will collect the DP ID & Client ID, PAN and Bank account details on their website.

Visit
https://rights.kfintech.com/
to apply for the rights issue

You can apply for this rights issue if

you are holding Reliance shares on
the record date i.e. May 14, 2020.

You can update or recheck

your email id and mobile
number registered with
Karvy. Click on GO
Applying through Karvy Fintech platform – Step 2

Select your respective

Depository from the
drop down i.e.
NSDL or
CDSL and click on
Submit
Applying through Karvy Fintech platform – Step 3

Enter your Client ID/

DP ID and CAPTCHA.

Click on Submit.
Applying through Karvy Fintech platform – Step 4

Enter your PAN No.

and click on Proceed
Applying through Karvy Fintech platform – Step 5

Registered Email ID and

Mobile No. will be displayed.

You may update Email ID or

Mobile No. if you wish to.

Click on Proceed
Applying through Karvy Fintech platform – Step 6

Click on GO to apply for

the Reliance Industries
Rights Issue (will be
activated on the Issue
open date)

Post this step, you will

be asked to make the
payment using Internet
banking or UPI mode.
Applying through ASBA

Step 1 - Login to your Net Banking Account

Step 2 - Select ASBA tab and go to rights issue

Step 3 - Fill in your Demat A/c details

Step 4 - Select Reliance Industries from company’s tab and fill

in requisite details pertaining to the rights issue and Submit

Step 5 - Confirm the Transaction detail on the screen and

Submit (Please note you should have sufficient funds in your
bank account)

Once this is done the Application will be submitted and Funds will be blocked.

On the date of Issue if shares are allotted to you then they would reflect in
your Demat Account and Amount will be debited from your Bank Account.
FAQs

1. How to participate in the Rights Issue for non-institutional investors Shares are in Demat form?
(a) ASBA facility - Application form can be submitted in physical mode at bank branches or through Net Banking (most large
banks incl. Axis, HDFC, ICICI, SBI, Kotak) have enabled application through net banking platform just like IPO application)
(b) R-WAP - Registrar’s web based application platform at https://rights.kfintech.com. Investors can submit the online
Application Form and make online payment using their internet banking or UPI facility.

2. How to participant in case where Shares are in Physical form?

Investors can apply only through R-WAP and fill the online application form in electronic mode. All shares allotted in rights issue
will be only in demat form.

3. Will the Rights Equity Shares trade along with the currently listed Equity Shares of the Company?
Rights Equity shares are Partly paid up shares and will be allocated a separate ISIN. Hence, it will not trade with the currently
listed equity shares of the company. It will trade separately. Once the entire call money is raised and the right equity shares are
fully paid-up, the rights equity shares will trade along with the currently listed equity shares of the company.

4. What is the process of On market and Off market Renunciation?

(a) On Market Renunciation: The investor may renounce the rights entitlement only in demat form (ISIN INE002A20018) by
trading/selling them on secondary market platform of stock exchanges through registered broker. Period for on market
Renunciation, i.e. from May 20, 2020 to May 29, 2020
(b) Off Market Renunciation: The investor may renounce the rights entitlement through off market transfer in dematerialized
form only by issuing delivery instruction slip to depository participant.

Get further information about the Reliance Industries Ltd’s Rights Issue by clicking here.
Some Important Links
Registrar
Karvy Fintech https://rights.kfintech.com

Global Co-ordinators
JM Financial Limited www.jmfl.com
Kotak Mahindra Capital Company Limited www.investmentbank.kotak.com

Lead Manager`
Axis Capital Limited www.axiscapital.co.in
BNP Paribas www.bnpparibas.co.in
Citigroup Global Markets India Private Limited www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm
DSP Merrill Lynch Limited www.ml-india.com
Goldman Sachs (India) Securities Private Limited www.goldmansachs.com
HDFC Bank Limited www.hdfcbank.com
HSBC Securities and Capital Markets (India) Pvt. https://www.business.hsbc.co.in/en-gb/in/generic/ipo-open-offer-and-
Ltd. buyback
ICICI Securities Limited www.icicisecurities.com
IDFC Securities Limited www.idfc.com/capital/index.htm
J.P. Morgan India Private Limited www.jpmipl.com
Morgan Stanley India Company Private Limited www.morganstanley.com/about-us/global-offices/asia-pacific/india
SBI Capital Markets Limited www.sbicaps.com
 Thank You
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