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As On 27-Sep-2022 EOD, Market Closed
SENSEX
57,107.52
-37.70 (-0.07%)
NIFTY
17,007.40
-8.90 (-0.05%)
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Announcements

Exchange:

Date Announcement
23-Sep-2022 Reliance New Energy (RNEL), a wholly owned subsidiary of Reliance Industries, has today signed definitive agreements to invest in Caelux Corporation (Caelux), a company headquartered in Pasadena, California, in the United States of America, engaged in the development of perovskite-based solar technology. RNEL will invest USD 12 million to acquire 20% stake in Caelux. This investment will accelerate product and technology development for Caelux, including construction of its pilot line in the United States, for expediting the commercial development of its technology. RNEL and Caelux have also entered into a strategic partnership agreement for technical collaboration and commercialization of Caelux's technology. Caelux is an industry leader in the research and development of perovskite-based solar technology. Its proprietary technology enables high efficiency solar modules that can produce 20% more energy over the 25-year lifetime of a solar project at significantly lower installed cost. Reliance is setting up a global scale integrated photovoltaic Giga factory at Jamnagar, Gujarat. Through this investment and collaboration, Reliance will be able to produce more powerful and lower cost solar modules leveraging Caelux's products
10-Sep-2022 Reliance Industries announced that Reliance Petroleum Retail (under name change to ‘Reliance Polyester'), a wholly owned subsidiary of the Company, on 09 September 2022 executed definitive documents to acquire polyester business of Shubhalakshmi Polyesters (SPL) and Shubhlaxmi Polytex (SPTex) for cash consideration of Rs. 1,522 crore and Rs. 70 crore respectively, aggregating to Rs. 1,592 crore by way of slump sale on a going concern basis. The acquisitions are part of the Company's strategy to expand its downstream polyester business. The acquisitions are subject to approval of the Competition Commission of India and the respective lenders of SPL and SPTex. SPL has a continuous polymerisation capacity of ~2,52,000 MT/Annum and manufactures polyester fibre, yarns and textile grade chips through direct polymerisation route as well as extruder spinning with value addition through texturising. It has two manufacturing facilities situated at Dahej (Gujarat) and Silvassa (Dadra and Nagar Haveli). SPTex has a texturised yarn manufacturing facility at Dahej. The turnover of SPL for FY 2019, FY 2020 and FY 2021 was Rs. 2,702.50 crore, Rs. 2,249.08 crore and Rs. 1,768.39 crore respectively and turnover of SPTex for FY 2019, FY 2020 and FY 2021 was Rs. 337.02 crore, Rs. 338.00 crore and Rs. 267.40 crore respectively.
06-Sep-2022 Reliance Industries has entered into definitive agreements with SenseHawk Inc. (SenseHawk) for acquiring 79.4% stake of SenseHawk, through primary infusion and secondary purchase, for a total consideration of USD 32million. Founded in 2018, SenseHawk is an early-stage California-based developer of softwarebased management tools for the solar energy generation industry. SenseHawk helps accelerate solar projects from planning to production by helping companies streamline processes and use automation. It provides a seamless solar digital platform to manage the end-to-end solar asset lifecycle. The turnover of SenseHawk for FY 2022, FY 2021 and FY 2020 was US$ 2,326,369, US$ 1,165,926, and US$ 1,292,063 respectively. Sensehawk, along with the other investments of the Company in New Energy, will be synergistic and create unique solutions with higher value to customers.
08-Aug-2022 Reliance Industries announced that the 45th Annual General Meeting (AGM) of the company will be held on 29 August 2022.
02-Aug-2022 Jio has acquired spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands in the auctions conducted by the Department of Telecommunications, Government of India. The acquisition of the right to use this spectrum will enable Jio to build advanced 5G network. Total cost of acquiring the right to use the above technology agnostic spectrum for a period of 20 years is Rs. 88,078 crore. As per terms of the spectrum auction, the spectrum payments have to be made over 20 equated annual instalments, with interest computed at 7.2% per annum.
21-Jul-2022 Reliance Industries announced the cessation of Prof. Dipak Jain and Dr. Raghunath Mashelkar, Independent Directors of the company on completion of their tenure on 20 July 2022.
15-Jul-2022 Reliance Industries will hold a meeting of the Board of Directors of the Company on 22 July 2022.
01-Jun-2022 Reliance Brands (RBL) and Plastic Legno SPA have signed a joint venture arrangement through which RBL will acquire a 40% stake in Plastic Legno SPA's toy manufacturing business in India. This investment by RBL serves a dual purpose, bringing in vertical integration for RBL's toy business and helping diversify the supply chain with a long-term strategic interest in building toy manufacturing in India. Plastic Legno SPA is owned by the Sunino group that boasts of more than 25 years of toy production experience in Europe. The group started it's India business in 2009 out of a need to develop a strong production hub that would cater to global markets, but more importantly to the fast evolving and growing Indian market.
07-May-2022 Reliance Industries announced that the Board of Directors of the Company at its meeting held on 06 May 2022, has recommended a Final dividend of Rs.8 per share (i.e.80%), subject to the approval of the shareholders.
30-Apr-2022 Reliance Industries will hold a meeting of the Board of Directors of the Company on 6 May 2022.
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Flash News 27-Sep-2022
  •  ( 15:50) Sensex, Nifty end flat after volatile session; oil & gas shares advance  
  •  ( 15:45) ICRA revises outlook on CMS Info Systems' rating to 'positive'  
  •  ( 15:40) Inox Wind commissions project in Gujarat  
  •  ( 14:36) Exide Inds commences work on lithium-ion cell manufacturing facility  
  •  ( 13:31) Nifty tad above 17,100; Sensex adds 332 pts; European stocks rise  
  •  ( 13:29) HFCL bags purchase orders worth Rs 202.60 crore  
  •  ( 13:09) GPT Infraprojects board OKs 1:1 bonus issue  
  •  ( 12:33) Oil & gas stocks advance  
  •  ( 12:32) Benchmarks trade with minor gains  
  •  ( 12:06) EKI Energy arm completes capacity expansion project in Maharashtra  
  •  ( 11:36) Indices trade almost flat, Metal stocks lose shine  
  •  ( 11:14) Optiemus Infracom arm partners with Dizo  
  •  ( 11:07) Shakti Pumps receives $6 mn advance for Uganda project  
  •  ( 10:48) Manappuram Finance board to mull debt issue in Oct'22  
  •  ( 10:36) Indices trim gains, Nifty below 17,050 mark, FMCG shares advance  
  •  ( 10:27) Orient Bell completes capex plan before schedule  
  •  ( 09:48) Jyoti Structures wins 237-cr order  
  •  ( 09:33) Market drifts higher in early trade; breadth strong  
  •  ( 09:27) STL divests stake in UK-based Impact Data Solutions  
  •  ( 09:23) Aarti Drugs reappoints Rashesh Gogri as MD for 5 years  
  •  ( 09:19) Mahindra Logistics acquires Rivigo's B2B express biz  
  •  ( 08:44) Asian stocks trading mixed  
  •  ( 08:25) U.S. stocks end mixed on global growth worries, rate fears  
Show News
27 September 2022 00:00
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