Reliance Industries Limited — Others, 23-12-2024: Trading Plan under SEBI (PIT) Reg., 2015

Shri Alok Agarwal, Senior Advisor at Reliance Industries Limited, has formulated a trading plan to sell 125,000 equity shares between May 12, 2025, and May 16, 2025. This plan has received approval from the Compliance Officer and adheres to the guidelines set by SEBI's Prohibition of Insider Trading Regulations. The plan includes a 120-day cool-off period, during which Mr. Agarwal and his immediate relatives will not engage in trading.

This announcement underscores strict compliance efforts regarding insider trading, which may positively influence investor confidence. However, potential risks exist if share prices shift significantly during the proposed trading window, leading to changes in investor sentiment. Overall, the initiative suggests a proactive governance approach that could be seen favorably by the market.