RIL's 41st AGM: Ten Things To Know About The Oil-To-Telecom Conglomerate

INSUBCONTINENT EXCLUSIVE:
Mukesh Ambani-led Reliance Jio recently raised a US $1 billion equivalent term loanReliance Industries (RIL) on June 7 announced that it
Bombay Hospital Medical Research Centre, New Marine Lines, Mumbai
will be paid or warrants thereof dispatched within a week from the conclusion of the Annual General Meeting (AGM)
The Company had fixed June 28 as the record date for the purpose of determining the members eligible to receive dividend recommended by the
board of directors for the financial year 2017-18
On Wednesday, the shares of Reliance Industries ended 2.03 per cent higher on the National Stock Exchange (NSE), and 1.90 per cent higher on
the Bombay Stock Exchange (BSE).RIL 41st AGM: Ten Latest Developments To Know1
Reliance Industries (RIL) announced on July 3 that the company has allotted 1,09,816 equity shares of Rs 10 each, on July 2, 2018 pursuant
to the Employees Stock Option Scheme.2
RIL, in a stock market filing, recently announced that Radisys Corporation, a global leader of open telecom solutions has entered into a
definitive agreement with the former under which Reliance will acquire Radisys for US$1.72 per share in cash.3
Reliance Jio Infocomm, telecom arm of Mukesh Ambani controlled RIL, raised a US$ 1 billion equivalent term loan from Korea Trade Insurance
Corporation
The term loan has door to door tenor of 10.75 years.4
Reliance Brands Limited, a subsidiary of Reliance Industries (RIL), purchased 100 percent stake in Rhea Retail Pvt
Ltd for all cash consideration of Rs 203.46 crore.5
Mukesh Ambani-controlled RIL posted consolidated profit after tax to the tune of Rs 36,075 crore, 20.6 percent year on year growth, while
the consolidated turnover is Rs 4.3 lakh crore.6
RIL is a conglomerate with business interests in various verticals including refining and marketing, petrochemicals, oil and gas, retail,
digital services, media and entertainment.7
Reliance Retail is the only Indian retailer to rank among the world's Top 200 global retail chains, chairman Mukesh Ambani said in a
letter to shareholders.8
Jio turned profitable in the very first year of operations
Jio earned a net profit of Rs 723 crore on turnover of Rs 23,714 crore in its first year of commercial operations10
Reliance industries has over 1.87 lakh employees
The RIL shares hit their 52-week high on June 21 at Rs 1035.8 and 52-week low on July 5, 2017 at Rs 713.50, as per the BSE data
On the NSE, the shares hit 52-week high on June 21, 2018, and the 52-week low price was Rs 694.50 that the shares hit on July 4 last year.