Reliance Industries Announces Dissolution of Step-Down Subsidiary in Singapore

psu express
23 September 2025 at 12:00:00 am
Reliance Industries Announces Dissolution of Step-Down Subsidiary in Singapore

September 23, 2025 | Mumbai — Reliance Industries Limited (RIL) on Monday informed the stock exchanges that its step-down wholly owned subsidiary, Reliance Global Project Services Pte. Ltd., has been dissolved.

In a regulatory filing, the company said the dissolution became effective on September 20, 2025, as reflected in the records of Singapore’s Accounting and Corporate Regulatory Authority (ACRA) on September 22, 2025. As a result, the entity has ceased to be a subsidiary of RIL.

 

“This is further to our disclosure dated April 17, 2025. Reliance Global Project Services Pte. Ltd., a step-down wholly owned subsidiary of the Company, has been dissolved with effect from September 20, 2025... The above intimation was received by the Company on September 22, 2025 at 11:31 A.M. (IST),” the filing signed by Savithri Parekh, Company Secretary and Compliance Officer, stated.

The company has clarified that this update is being shared in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Copies of the intimation have also been shared with the Luxembourg Stock Exchange and the Singapore Exchange Limited, where Reliance’s securities are listed in addition to BSE and NSE in India.

The development is part of Reliance’s broader corporate restructuring initiatives across global subsidiaries.

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