Reliance Industries Limited — Others, 03-05-2025: Action(s) initiated or orders passed

Reliance Industries has announced a board meeting on May 6, 2025, to consider the financial results for the quarter and half-year. The company provided an update on a Rs. 30 lakh penalty imposed related to the Jio-Facebook deal disclosure in 2020, with its appeal recently dismissed by the Securities Appellate Tribunal. Reliance maintains it complied with all disclosure requirements and is evaluating its next steps. This development signals ongoing regulatory scrutiny but does not affect the company’s present operations or performance.