Reliance Industries Ltd
NSE: RELIANCE BSE: 500325
₹1359.70
(2.80%)
Sat, 23 May 2026, 09:36 am
Market Cap17894.08B
PE Ratio22.78
Dividend0.42
Energy Minerals
Oil Refining/Marketing
24.5KCompany History
1966
- Reliance Textiles Industries Pvt Ltd incorporated on February 11 in Maharashtra.
- Established synthetic fabrics mill at Naroda, Gujarat.
1973
- Incorporated as Mynylon Ltd. on May 8 in Karnataka.
1975
- Converted to public limited company on June 28.
- Reliance Textile Industries Ltd. amalgamated with Mynylon Ltd. on July 1.
1977
- Name changed from Mynylon Ltd. to Reliance Textiles Industries Ltd. on March 11.
- Dhirajlal H Ambani and others offered 28,20,000 equity shares to public for listing on Mumbai Stock Exchange.
1979
- Amalgamated Sidhpur Mills Co. Ltd.
- Allotted 1,12,000 equity shares and 35,000 11% bonds to Sidhpur shareholders.
1980
- Set up polyester filament yarn plant at Patalganga with DuPont.
- Received letter of intent for 10,000 tpa polyester filament yarn.
1982
- Issued 5,50,000 13.5% preference shares on rights.
- Issued 19,20,000 equity shares to debentureholders.
1983
- Issued 111,56,741 bonus equity shares in 3:5 proportion.
- Issued 64,00,000 equity shares on IV series debentures conversion.
1984
- Allotted equity shares on debentures conversion.
- Issued equity shares on E series debentures conversion.
- Increased dividend on 13.5% pref. shares to 15%.
1985
- Received letters of intent for 50,000 tpa HDPE and 100,000 tpa PVC; collaborations with DuPont and BF Goodrich.
- Initiated MEG project with Scientific Design.
- Installed additional 15,125 tpa polyester yarn capacity.
- Sidhapur unit business taken over by subsidiary Devti Fabrics Ltd.
- Name changed to Reliance Industries Ltd. on June 27.
- Devti Fibres Ltd., Trishna Investments, Reliance Industrial Investments, Reliance Petroproducts became subsidiaries.
- Commissioned 75,000 tpa purified terephthalic acid plant.
1986
- Commissioned polyester staple fibre plant with DuPont.
- Set up linear alkyl benzene project with UOP.
1987
- Letters of intent converted to licenses; transferred to Reliance Petrochemicals Ltd.
- Allotted equity shares on G series debentures conversion; issued rights shares and ESOP shares.
1988
- Commissioned Linear Alkyl Benzene project; branded Relab.
1989
- Received approval for 15,000 tpa PFY within PSF capacity.
1990
- Expanded PTA capacity from 100,000 to 200,000 tpa with John Brown UK.
- Entered MOU with West Bengal for joint sector PFY project; formed Reliance Bengal Industries Ltd.
1991
- Entered technical collaboration with Stone And Webster for ethylene, propylene, C4.
- Commissioned 100,000 TPA ethylene oxide and MEG plant at Hazira.
- Issued series H, J, K debentures.
- Commissioned HDPE and PVC unit at Hazira.
1992
- Reliance Petrochemicals Ltd. merged with company; 1:10 share swap.
- PFY unit introduced textured, twisted, dyed yarn.
- Approvals received for acquiring 2 Suez-Max crude oil tankers.
- Proposed 70,000 TPA polyester yarn and 30,000 TPA PET chips at Hazira.
- 13% preference shares fully paid-up.
1993
- PFY division introduced micro and multi-filament yarn.
- Offered 92,00,000 GDS representing 184,00,000 shares.
- Proposed expansion of captive power capacity by 150 MW.
- Proposed caustic chlorine plant at Hazira.
- Awarded medium sized discovered oil and gas fields.
- Allotted equity shares on debenture conversion and warrants.
1994
- Issued 60,00,000 18% NCDs on private placement.
- Introduced Octene LLDPE.
- Undertook de-bottlenecking and modernization; proposed new PTA, MEG, PVC plants.
- Signed MOU with Govt. of Assam for RAPL ethylene, PE, oxoalcohols.
1995
- Issued 82,50,000 14% NCDs on private placement.
- Allotted 600,00,000 14% NCDs with warrants.
- Commissioned 10,000 TPA triethylene glycol plant.
- Unincorporated JV with Enron and ONGC for Panna, Mukta, Tapti fields.
- Allotted equity shares to shareholders of RPPL and RPEL.
- Signed MOU with Govt. of Assam for RAPL.
- Tied up with United Oil for paraxylene at Jamnagar.
- Entered telecom JV with Nynex.
1996
- Commissioned 350,000 tpa PTA plant.
- Reliance Telecom signed deal with Motorola for cellular network.
- Completed debottlenecking of PVC plant to 270,000 tpa.
- Commissioned 160,000 TPA PSF plant and 80,000 TPA PET resin plant.
- Commissioned 120,000 TPA MEG project.
- NGL/Naphtha gas cracker neared completion.
- Commissioned 60,000 tpa PFY at Hazira.
- Commissioned 350,000 tpa polypropylene plant.
- Commissioned largest multi-feed cracker for 750,000 tpa ethylene.
- Constructed single point mooring system and jetties.
- Undertook 1,331 MW power projects at Patalganga, Bawana, Jamnagar.
- Redeemed 15% and 14% preference shares.
- Tied up with Nynex for telecom licenses.
- Awarded four exploration blocks.
1997
- Enron proposed new development plan for Tapti gas fields.
- Commissioned 80,000 tonnes PET chip plant at Hazira branded Relpet.
- Commissioned 350,000 tpa PTA facility.
- Proposed PP plant 400,000 tpa and paraxylene 1.4 million tpa.
- Set up refinery at Motikhavdi, Gujarat as Reliance Petroleum Ltd.
- Allotted 46,60,90,452 bonus equity shares.
- Commissioned third 30,000 tpa PFY plant at Hazira.
- Commissioned world's largest grass-root multi-feed cracker plant.
- Undertook first security audit.
- Commissioned second 120,000 tpa MEG plant at Hazira.
- Issued bonus shares in demat form with NSDL.
- Converted 57 lakh euro-convertible bonds into equity.
- Bagged National Energy Conservation Award in petrochemical sector.
1998
- Entered health-care sector with Rs 100 crore investment in Sir Hurkisondas Hospital.
- Initiated corporate governance with role for non-executive directors.
- Dhirubhai Ambani awarded Wharton Dean's medal.
- Won runner-up award for Best emerging market company investor relations.
- Struck understanding with Carter Burgess for road sector JV.
- Entered 50:50 JV with Hoechst Fibres for polyester technical fibres.
- Chennai High Court declined interference in Jayamkondam power project award.
- Issued 65,00,000 redeemable preference shares.
1999
- Commissioned Jamnagar petrochemicals complex.
- Setting up Rs 5,550 crore petrochemical complex at Jamnagar.
- JV with ONGC and Enron proposed gas production increase.
- Chalked out capital allocation framework.
- Named one of World's 100 best-managed companies by Industry Week.
- Completed integrated Jamnagar complex.
2000
- Ranked second largest producer of POY and PSF globally.
- Setting up e-commerce venture.
- Signed PSCs for exploration blocks in West Coast.
- Announced share buyback up to Rs 1,100 crore at Rs 303.
- Eastman Chemical signed MoU for Spectar and Eastar PETG.
- Signed agreement with Petronas and NIOC for Iran LNG plant.
- Reliance Power Ventures to acquire BSES shares.
- Launched internet service 'Only Smart' in Calcutta.
- JV with Karnataka Government for 7,500 info kiosks.
- Acquired 100 acres at Patalganga for 447 MW power project.
- Signed agreement with Jet Airways for airport privatisation.
- Issued equity linked warrants under ESOP.
- To set up Indian Institute of Information Technology.
- To consolidate BSES financials.
- Issued 5,26,87,851 ESOP warrants.
- Ranked in Forbes' International 800 largest non-US companies.
- Selected as one of World's 100 best-managed companies.
- Topped debt private placements.
- Nikhil R Meswani elected president of ASFI.
- Crisil assigned 'AAA' to Rs 500 crore NCD issue.
- To take over JCT polyester business for Rs 492 crore.
- Completing Assam Gas Cracker Project.
- JV with AP Technological Services for 7,500 kiosks.
- Collaboration with Nova Chemicals for HDPE.
- Awarded entertainment centre property in Bandra-Kurla.
2001
- Reliance and Niko Resources awarded 12 new exploration blocks.
- Reliance and RPG envisaged convergence network in Greater Noida.
- RIL completed first phase restructuring of textiles business at Naroda.
- Fitch assigned 'Ind AAA' rating to Rs 5,000-crore NCDs.
- RIL acquired equity stake in five Tullow Oil blocks.
- RIL signed MoA with National Iranian Oil and BP for Iran LNG feasibility study.
- RIL allied with Indus League for Reance garments.
- Extended share buyback programme.
- Increased stake in Larsen & Toubro to 2.87%.
- Increased stake in BSES to 27%; announced Rs 1,100 crore buyback.
- Planned Rs 1,500 crore investment in oil and gas exploration.
- RIL granted Golden Super Star Trading House status.
- Patalganga and Hazira complexes obtained ISO 9002 certification.
- Sold 10% stake in L&T to Grasim for Rs 766.5 crore.
2002
- Reliance Petroinvestments became subsidiary; Reliance Life and General Insurance ceased to be subsidiaries.
- Board approved amalgamation of Reliance Petroleum Limited with RIL effective April 1, 2001.
- Shareholders approved RPL merger with RIL.
- RIL acquired 26% stake in IPCL for Rs 1,490.84 crore.
2003
- Discovered gas in offshore exploration in Gujarat.
- Found more gas in Block D6 in Krishna Godavari Basin.
- Shut down aromatics plant at Jamnagar.
- Hazira manufacturing unit received IMC-Bajaj quality award 2002.
- Discovered fourth gas in KG-basin.
- Unveiled two improved lines of acrylic fibres.
- Anil Ambani appointed BSES MD.
- Reduced stake in BSES from 55% to 49.5%, ceasing subsidiary status.
- Revised gas reserves in Krishna Godavari Basin to 10.45 trillion cubic feet.
- Signed pact with CSIR for breakthrough technology.
- Tied up with DuPont for polyester R&D.
- FIIs converted 24 million shares into GDRs.
- Struck gas reserves in Shahdol, Madhya Pradesh.
- Shifted corporate headquarters to Reliance Centre.
- Oil discovered in RIL's block 9 in Yemen.
- Moody's changed outlook on debt to stable.
- Leakage incident in FCC section of Jamnagar refinery.
- Anil Ambani voted MTV Youth Icon of the Year.
- Initiated work on deep-water KG-D6 block.
- RIL bagged fourth slot in Asiamoney's corporate governance poll.
- Mukesh Ambani donated $2 million to IFRC health programmes.
- Exhorted NTPC Kayamkulam plant transplantation to Kakinada.
- Occupied top slot in oil exports.
2004
- Munich Re ended reinsurance JV with RIL.
- Reliance Industries Associate signed MOU with NOCIL for petrochemicals division.
- IPCL picked up gas from Petronet LNG.
- FLAG Telecom amalgamated with Reliance Gateway.
- Jamnagar refinery voted best among 50 worldwide.
- Gujarat awarded Gujarat Garima Awards to RIL.
- RIL increased Jamnagar refinery capacity to 33 million tonnes.
- Mukesh Ambani ranked 40th in world business leaders.
- Reliance joined hands with Gail for Indo-Iran gas pipeline.
- RIL bagged NTPC order for 3 million tonnes natural gas supply.
- RIL chairman won Asia Society Leadership award.
- RIL and IOC inked petro goods offtake deal.
- RIL acquired Trevira, a German polyester company, for Rs 440 crore.
- RIL takes over NIS Sparta.
- Reliance joined hands with Temasek for $200 mn Power Fund.
- RIL picked up Nasscom IT Excellence Award.
- RIL awarded Petrochemicals Company of the Year 2004.
2005
- RIL partnered with Vivada for diesel sales to fishing trawlers.
- Reliance Industries awarded International Refiner of the Year 2005.
- Reliance Industries won ASTD Best Award 2005.
- Reliance Industries won two National Energy Conservation awards.
- Reliance Industries bagged National Award for R&D Efforts 2005.
- RIL inked MoU with HSIDC for multi-product SEZ.
- Reliance Infocomm partnered with Vyjayanti Movies.
2006
- RIL inked marketing pact with Gulf Oil.
- Reliance Industries unveiled Reliance Fresh retail brand.
2007
- Reliance inked JV with Yemen oil firm for refinery.
- Gail India and RIL signed MoU for gas sector cooperation.
- Dr. R A Mashelkar appointed as Additional Director.
- Reliance Industries formed $110 million JV with Mammut Group of Dubai.
- Reliance signed agreement to acquire assets in Malaysia.
- RIL bought Malaysian-based polyester firm.
2008
- Reliance Industries made gas discovery in shallow water block in Krishna Basin.
- RIL won deep water block in NELP VII.
- Reliance Industries struck eighth gas discovery in NEC-25 block.
- Reliance signed agreement to acquire polyester assets of Hualon, Malaysia.
- Reliance signed MoU with GAIL to explore petrochemical plants outside India.
2009
- Reliance Industries discovered natural gas in NEC-25 block.
- Reliance Industries raised Rs 3,188 crore through sale of 1.50 crore equity shares.
- RIL commenced hydrocarbon production in KGD6 block.
- Reliance Petroleum Limited merged with RIL.
- Reliance Industries issued bonus shares in ratio 1:1.
2010
- Haryana SEZ roped in partner to re-energize dormant project.
- RIL bought spot crude from Petrobras.
- RIL and BP announced strategic partnership including 30% stake in 23 oil and gas contracts.
- RIL entered partnerships with Atlas Energy, Pioneer Natural Resources and Carrizo Oil & Gas in USA.
- RIL and SIBUR announced joint venture for 100,000 tonnes butyl rubber facility.
- RIL acquired 95% stake in Infotel Broadband Services Limited for Rs 4,201.64 crore.
2011
- RIL entered deal with NTPC and GAIL for gas supply to Andhra Pradesh power projects.
- Reliance signed MoU with Gujarat on petroleum education.
- Reliance-BP deal strengthened productivity at D-6 block.
- Reliance Industries and D. E. Shaw Group announced joint venture.
- RIL awarded Application Level A+ by GRI for Sustainability Report.
- Reliance Industries found gas and condensate in Cauvery-Palar region.
- Reliance partnered with Siemens for homeland security solutions.
- RIL signed $7.2 bn oil & gas deal with BP.
2012
- RIL and PDVSA inked 15-year supply agreements.
- Reliance Brands partnered with Iconix Brand Group.
- Reliance Mutual Fund launched Reliance Fixed Horizon Fund - XXII - Series 33.
- Jamnagar SEZ Refinery won British Safety Council's Globe of Honors.
- SIBUR and Reliance formed joint venture to produce butyl rubber in India.
- RIL inked deal with Fluor Corp.
- RIL inked MoU with TV18 group for 4G broadband content.
- Reliance Industries partnered with Himachal Futuristic Communications for 4G network.
- RIL signed with Cisco for 4G core technology framework.
2013
- RIL signed US$ 2 billion loan with nine banks for petrochemicals expansion.
- Global Reporting Initiative awarded A+ level to RIL's Sustainability Report 2011-12.
- RIL and PDVSA signed 15-year heavy crude oil supply contract.
- Ex-Im Bank extended US$ 2.1 billion financing to RIL.
- RIL completed share buy-back of 46,246,280 equity shares for Rs 3,366 crore.
- RIL's SEZ Refinery at Jamnagar won Globe of Honor Award.
- RIL awarded International Refiner of the Year 2013.
2014
- Reliance Jio and Bharti signed agreement for dedicated fiber pair on i2i submarine cable.
- RIL and partners announced significant gas and condensate discovery in KG-D6 block.
- S&P upgraded long-term corporate credit rating on Reliance to 'BBB+'.
- Reliance Jio and Reliance Communications signed tower sharing agreement.
- RIL-BP announced gas condensate discovery in CY-D5 block.
- Reliance Jio received pan-India Unified License.
- Reliance Jio acquired spectrum in 14 key circles in 1800 MHz band.
- Reliance Jio and Viom Networks signed tower sharing agreement.
- RIL selected for two offshore blocks M17 and M18 in Myanmar.
- Reliance Jio and ATC India signed tower sharing agreement.
- RIL commissioned new PFY plant at Silvassa.
2015
- Reliance Jio acquired spectrum in 800MHz and 1800MHz bands.
- Reliance inked production sharing contracts with Myanma Oil & Gas Enterprise for two offshore blocks.
- Reliance signed definitive agreements for sale of interest in Midstream Joint Venture in Eagle Ford to Enterprise Products Partners for $1.07 billion.
- Jio inked 4G device distribution deals with LG, Lenovo, Micromax, Intex.
- Reliance Industries won Platts Global Energy Award.
- Reliance Industries commissioned new PTA plant at Dahej, Gujarat.
- Reliance Industries commissioned PET resin capacity at Dahej, Gujarat.
- Reliance Industries and Shandong Ruyi executed joint venture agreements in textiles.
- Reliance Industries and Petroleos Mexicanos entered MOU.
- Independent Media Trust acquired control of Network 18 Media and Investments Limited.
2016
- Reliance Industries arm to invest Rs 1,300 cr in Haryana for electronics hub.
- Reliance Industries started procedure to develop deep sea fields.
- Reliance Industries launched 8,100 km long cable system.
- Reliance Industries got green nod for exploratory drilling project in TN.
- Reliance Jio Infocomm Limited launched digital services.
- Reliance Jio acquired 269.2 MHz spectrum in 800MHz, 1800MHz and 2300 MHz bands.
2017
- Company issued bonus equity shares in the ratio of 1:1.
- Reliance commenced commercial production of coal bed methane in Sohagpur.
- RIL became the second largest producer of para-xylene globally.
- Reliance Jio Infocomm Limited launched new submarine cable system.
- Reliance Industries won DuPont Operational Excellence Award.
- RIL partnered with BP to develop deepwater gas fields.
2018
- Jio ranked no. 1 for most innovative companies in India.
- Reliance Jio announced new postpaid offering.
- RIL arm bought 100% stake in Rhea Retail Pvt. Ltd.
- RIL completed acquisition of Embibe.
2019
- Nafed to set up 100 bio-CNG plants via PPP with Rs 5,000-cr investment.
- Jio and Microsoft announced alliance to accelerate digital transformation in India.
- Reliance and BP sanctioned third phase of integrated KG D6 development.
- Reliance Brands Limited acquired British toy retailer Hamleys.
2020
- New production from KG D6 project on track to start by mid-2020.
- Jio partnered with Aeromobile to launch India’s first in-flight mobile services.
- Reliance Industries acquired further shares of Alok Industries Limited.
- Reliance Industries completed acquisition of IMG Reliance, making it a wholly-owned subsidiary.
- Company issued rights shares in the ratio of 1:15 at a premium of Rs 1247 per share.
2021
- Reliance Industries rallied resources to become India’s largest producer of medical grade liquid oxygen from a single location.
- Reliance Retail Ventures Limited acquired controlling stake in Just Dial Limited for Rs 3,497 crores.
- Reliance Retail to launch 7-Eleven convenience stores in India.
- TA'ZIZ and Reliance launched strategic joint venture for $2 billion chemicals projects in Ruwais.
2022
- Reliance Industries signed MoU for investment of Rs 5.95 lakh crore in Green Energy and other projects in Gujarat.
- Reliance Retail Ventures Limited partnered with Abraham & Thakore.
- Sanmina and Reliance created manufacturing joint venture in India.
- Reliance New Energy Limited acquired assets of Lithium Werks.
- Reliance Brands Limited partnered with Abu Jani Sandeep Khosla.
- Reliance subsidiary acquired 23% stake in US-based Exyn Technologies.
- Reliance group launched FMCG brand 'Independence' in Gujarat.
2023
- Reliance Consumer Products Limited formed joint venture with Sosyo Hajoori Beverages Private Limited.
2024
- Company issued bonus shares in the ratio of 1:1.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800