Reliance Industries Limited — Important, 17-04-2025: General Updates

Reliance Global Project Services Pte. Ltd. (RGPSPL), a wholly-owned subsidiary located in Singapore, has commenced voluntary liquidation, with its affairs set to be wound up. The necessary dissolution documentation has been filed with Singapore's Accounting and Corporate Regulatory Authority. RGPSPL is expected to be officially dissolved by mid-July 2025. Notably, RGPSPL's financials reflect a turnover of Rs. 3.48 crore and a net worth of Rs. 1.11 crore as of March 31, 2024. Its contribution to the consolidated turnover and net worth of Reliance Industries for the 2023-24 financial year was negligible, at 0.0004% and 0.0001% respectively. The dissolution is unlikely to significantly impact the overall operations of Reliance Industries.