| Reliance Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 20, 2012, inter aria, to consider and approve, the audited financial results for the quarter / year ended March 31, 2012 and to consider and recommend dividend on equity shares of the Company.
Reliance Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 20, 2012, inter alia, has recommended a dividend of Rs. 8.50 (Rupees eight and paise fifty only) per fully paid-up equity share of Rs.10/- each.
The dividend on Equity Shares, if declared by the Members at the 38th Annual General Meeting of the Company, scheduled to be held on June 07, 2012, will be credited / dispatched to the members between June 08, 2012 5and June 14, 2012.
(As Per BSE Announcement Dated on 20.04.2012) |
| Reliance Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 23, 2012, approved a scheme of arrangement for amalgamation of Reliance Jamnagar Infrastructure Limited (RJIL), a wholly-owned unlisted subsidiary of the Company, with Reliance Industries Limited (RIL).
RIL, being the holding and Transferee Company, the entire issued, subscribed and paid-up capital of RJIL shall get cancelled and no new shares of RIL will be issued. |
| Reliance Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 20, 2012, inter alia, to consider and approve the unaudited financial results of the Company for the quarter / nine months ended December 31, 2011 (Q3).
Reliance Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on January 20, 2012, inter alia, to consider and approve a proposal for Buy Back of the Company's equity shares in accordance with all applicable provisions of law.
(As Per BSE Announcement Website dated on 18.01.2012)
Reliance Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 20, 2012, have unanimously approved the buyback of upto 12 crore fully paid up equity shares of Rs. 10 each at a price not exceeding Rs. 870 per share, payable in cash upto an aggregate amount not exceeding Rs. 10,440 crore from the open market through Stock Exchange(s).
In this regard, the Company has issued a Media Release dated January 20, 2012 titled 'RIL Board approves buyback of shares'
(As Per BSE Announcement Dated on 20.01.2012)
Reliance Industries Ltd has submitted to BSE a copy of the resolution passed by the Board of Directors of the Company at its meeting held on January 20, 2012.
Resolution :
'In accordance with the provisions
contained in Article 5(g) of the Articles of Association of the Company and Sections 77A, 77AA and 77B and all other applicable provisions, if any, of the Companies Act, 1956 (hereinafter
referred to as 'the Companies Act') and the provisions contained in the Securities and Exchange Board of India (Buy Back of Securities) Regulations,1998,as amended (hereinafter referred to as 'the Buy-back Regulations'), including any statutory modification(s) or re-enactment thereof for the time being in force and subject to all such approvals, permissions and sanctions as may be necessary and subject to such conditions and modifications as may be prescribed or imposed while granting such approvals, permissions and sanctions which may be agreed to by the Directors, the Board of Directors of the Company do hereby approve the purchase of up to twelve crore fully paid-up equity shares of Rs. 10 each (hereinafter referred to as 'Buy-back'), at a price not exceeding Rs.870 per equity share payable in cash, up to an aggregate amount not exceeding Rs.10,440 crore.' (For more details kindly refer Corporate Announcements on www.bseindia.com) .
(As Per BSE Announcement Website Dated on 23/01/2012)
Reliance Industries Ltd has informed BSE about the following:
Citigroup Global Markets India Pvt Ltd & DSP Merrill Lynch Ltd ('Managers to the Buy back') on behalf of Reliance Industries Ltd ('Target Company') has issued this Public Announcement ('PA') to the Shareholders / Beneficial Owners of the equity shares of the Target Company, pursuant to the provisions of Regulation 8(1) read with Regulation 15(c) and in compliance with the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, as amended and contains disclosures as specified in Schedule II to these Regulations.
The Target Company proposes to Buy-back its fully paid-up equity shares of face value of Rs. 10 each ('Equity Shares') from the existing shareholders/ beneficial owners other than the promoters/ persons who are in control of the Company from the open market pursuant to Article 5(g) of the Articles of Association of the Company and in accordance with Sections 77A, 77AA and 77B of the Companies Act, 1956 ('Companies Act') and the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1996, as amended, ('the Buy-back Regulations') up to twelve crore Equity Shares at a price not exceeding Rs. 870 per Equity Share payable in cash, for an aggregate amount up to but not exceeding Rs. 10,440 crore which represents approximately 7.22 % of the Company's total paid-up equity capital and free reserves as on March 31, 2011 (the date of the last audited accounts).
The Buy-back will be implemented by the Company by way of open market purchases through the BSE Ltd (BSE) and the National Stock Exchange of India Ltd (NSE), ('Stock Exchanges') using their electronic trading facilities. The Company shall not Buy-back its Equity Shares from any person through negotiated deals, whether on or off the Stock Exchange(s) or through spot transactions or through any private arrangements in the implementation of the Buy-back.
The present offer for Buy-back of Equity Shares of the Company from the open market through the Stock Exchange(s) has been authorised by the Board of Director of the Company ('Board') at its meeting held on January 20, 2012.
The Company proposes to Buy-back up to a maximum at twelve crore Equity Shares in accordance with the resolution passed by the Board of Directors of the Company at its meeting held on January 20, 2012. The Company proposes to Buy-back a minimum of three crore Equity Shares.
The Equity Shares of the Company are listed on BSE and NSE. The Global Depository Receipts ('GDRs') of the Company are listed at The Luxembourg Stock Exchange, Luxembourg.
Proposed Time Table:
Board Meeting approving Buy-back - January 20, 2012
Date of Public Notice - January 20, 2012
Date of opening the Buy-back - February 01, 2012
Acceptance of Equity Shares - Within 15 days of the relevant pay-out dates of the Stock Exchanges
Extinguishment of Equity Shares/ certificates - Within 15 days of acceptance of Equity Shares as mentioned above, provided that the Company shall ensure that the Equity Shares bought back are extinguished within 7 days of the last day of completion of the Buy-back.
Last Date for the Buy-back - January 19, 2013 (that is 12 months from the date of the Board Resolution approving the Buy-back) or when the Target Company has completed Buy-back or such earlier date as may be determined by the Company at any time on Buy-back of the proposed minimum number of Equity Shares as stated under para 9.1 even if the maximum limit of Buy-back of Equity Shares has not been reached (by giving appropriate notice for such earlier date, if any), whichever is earlier.
(For more details kindly refer Corporate Announcements on www.bseindia.com).
(As Per BSE Announcement Dated on 30.01.2012) |
| Reliance Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 25, 2011, inter alia, to consider and approve the unaudited financial results of the Company for the quarter ended June 30, 2011 (Q1).
Reliance Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 25, 2011, has appointed Shri K Sethuraman as Group Company Secretary and Chief Compliance Officer of the
Company with immediate effect.
Consequent to the above, Shri Vinod M. Ambani has ceased to be the Company Secretary and Compliance Officer of the Company.
(As Per BSE Announcement Dated on 25.07.2011) |