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Reliance Industries Ltd

NSE: RELIANCE BSE: 500325

₹1393.90

(-0.92%)

Wed, 04 Mar 2026, 02:06 am

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Company 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