RIL’s received a robust response from shareholders as the issue got subscribed 1.59 times.

It is the world’s biggest rights offering by a non-financial company in at least a decade.

RIL, which has announced a flurry of share sales in subsidiary Jio Platforms to cut debt, has emerged as the highest fund-raiser through sh...

RIL's rights issue opened for subscription on May 20 and will close on June 3.

The oversubscription figure indicates that shareholders applied for many more shares than their entitlements.

On the penultimate day of trading. RIL-RE trading volumes spurted to 3.44 crore on Thursday.

RIL-RE closed at Rs 201.5, a gain of 11 per cent over Tuesday's close, after touching an intra-day high of Rs 209.90.

Reliance’s rights entitlement began trading on May 20 at 151.15 rupees.

This is first time in India that RE shares were allowed to trade after Sebi introduced this concept in January.

Today's gain in RIL’s Rights Entitlement shows robust demand for shares, says Vinod Nair.

A rights issue is an instrument for a listed company to raise additional capital.

Billionaire Mukesh Ambani's firm had on April 30 announced fund raising of Rs 53,125 crore by way of a 1:15 rights issue - India's biggest ...

The company expects net proceeds of Rs 53,036.13 crore from the rights issue that opens on May 20 and closes on June 3.

The issue price is set at Rs 1,257 a share, which is at a 20 per cent discount to the current market price.

RIL rights issue is priced at Rs 1,257, a discount of Rs 210 or 14 per cent from the last close.

RIL made the announcements after its board meeting, which considered its earnings and recommended a divided of Rs 6.50 per share of Rs 10 f...

Reliance Industries had announced last year plans to become a zero-net-debt company by March 2021.