RELIANCE INDUSTRIES LIMITED
INVESTMENTS THAT CAME
IN LAST 7 WEEKS
IN RELIANCE JIO
& OTHER IMPORTANT EVENTS
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Date
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Title
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05-June-2020
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Mubadala
Investment Company (Mubadala), the Abu Dhabi-based sovereign investor, will
invest Rs.9,093.60 crorein Jio Platforms at an equity value of Rs.4.91 lakh
crore and an enterprise value of Rs.5.16 lakh crore. Mubadala’s investment
will translate into a 1.85%equity
stake in Jio
Platforms on a
fully diluted basis. With this investment, Jio Platforms has raised Rs.
87,655.35 crore from leading global technology and growth investors including
Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR and
Mubadala in less than six weeks
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03-June-2020
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Reliance Industries
Limited today announced
that it has achieved successful closure of India’s
largest ever Rights Issue of Rs. 53,124.20 crore. It was subscribed
approximately 1.59times,
cumulating to an
overall commitment of overRs.84,000 crore.
The Rights Issue
saw a huge
investor interest, including
from lakhs of small investors and thousands of
institutional investors, both Indian and foreign. The public portion of the
Rights issue was subscribed1.22 times.The allotment of equity shares will happen
on or about 10thJune 2020. The rights shares are expected to be listed on the
BSE and NSE on or around 12thJune 2020 under separate ISIN.
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22-May-2020
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KKR
will invest Rs.11,367crore into Jio Platforms. This
transaction values Jio Platforms at an equity value of Rs.4.91
lakh crore and an enterprise value of Rs.5.16 lakh
crore.This is KKR’s largest investment in Asia and will translate into a
2.32% equity stake in Jio Platforms on a fully diluted basis.Over the last
month, leading technology investors, such as, Facebook, Silver Lake, Vista,
General Atlantic and KKR have announced aggregate investmentsof Rs.78,562
crore into Jio Platforms
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17-May-2020
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Announced
an investment of Rs.6,598.38 crore by General Atlantic, a leading global
growth equity firm. This investment values Jio Platforms at an equity value
of Rs.4.91 lakh crore and an enterprise value of Rs.5.16 lakh crore. General
Atlantic’s investment will translate
into a 1.34%
equity stake in
Jio Platforms on
a fully diluted
basis.
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08-May-2020
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VistaEquity
Partners (“Vista”) will invest Rs.11,367crore into Jio Platforms. This
investment values Jio Platforms at an equity value of Rs.4.91lakh crore and
an enterprise value of Rs.5.16lakh crore. Vista’s investment will translate
into a 2.32% equity stake in Jio Platforms on
a fully diluted
basis, making Vista
the largest investor
in Jio Platforms
behind Reliance Industries and
Facebook. Jio Platforms
has now raised Rs.60,596.37 crore from leading technology investors in less than
three weeks.
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04-May-2020
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Silver
Lake will invest Rs.5,655.75crore into Jio Platforms. This investment values
Jio Platforms at an equity value of Rs.4.90 lakh crore and an enterprise
value of Rs.5.15 lakh crore and
represents a 12.5% premium to the
equity valuation of the Face book investment announced on April 22, 2020.
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29-April-2020
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Reliance
Strategic Business Ventures Limited (“RSBVL”), a wholly owned subsidiary of
the Company, had acquired 17.37% shareholding in SkyTran Inc. on a fully
diluted basis. Subsequent to our disclosure dated November 7,2019, RSBVL
acquired convertible notes in two
tranches, the first
one on November 29,
2019 and the second one on
March 23, 2020, which
got converted into
shares of SkyTran Inc. on April 27, 2020 upon certain conditions
being satisfied. Consequent
upon this, the shareholding of RSBVL in SkyTran Inc. stood increased to
26.31%on a fully diluted basis.
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22-April-2020
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Today announced the signing of binding agreements for an investment of Rs.
43,574 crore by Face book into Jio Platforms. This investment by Facebook
values Jio Platforms at Rs.4.62 lakh
crore pre-money enterprise value($65.95 billion, assuming a conversion rate
of Rs.70 to a USDollar).Facebook’s investment will translate into a 9.99%
equity stake in Jio Platforms on a fully diluted basis.
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30-March-2020
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RIL and Reliance Foundation
is leading with
a significant effort
that encompasses several initiatives. These include:
•Contribution
of Rs. 500 croreto the PM-CARES Fund
•Contribution
of Rs. 5 croreto the Chief Minister’s Relief Fund of Maharashtra
•Contribution of Rs. 5 croreto the Chief Minister’s Relief Fund of Gujarat
•India’s
first100 bed exclusive Covid-19Hospital geared up in just two weeks to handle
Covid-19patients
•Fifty
Lakh free mealsin the next 10 days across the nation and scaling up rapidly
to more meals and newer areas •One Lakh masksdaily for health-workers and
caregivers •Thousands of PPEs daily for health-workers and caregivers
•Free
Fuel across the country to notified emergency response vehicles
•Jio
seamlessly connecting nearly 40 crore individuals and thousands and thousands
of organisations daily on its telecom backbone via ‘work from home’, ‘study
from home’ and ‘health from home’ initiatives, helping to keep the country
going
•Reliance Retail
providing Essential supplies daily for
millions of Indians
via stores and home deliveries
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04-March-2020
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Reliance
Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries
Limited(‘RIL’ or ‘the Company’),has acquired 7,86,191 equity shares representing
100% of the equity share capital of Shri Kannan Departmental Store Private
Limited (SKDS) for a consideration of INR 152.5 crores.
SKDS,
incorporated on September 15, 1999,is engaged in the business of retailing
fruits & vegetables, dairy, staples, home & personal care and general
merchandise to consumers.
SKDS
currently operates 29 stores across Coimbatore and nearby areas with a retail
area of over 6 lakh sq. ft.
SKDS
reported revenue from operations of INR 415 crore, INR 450 crore and INR 481
crore and Net
Profit of INR
2 crore, INR
3 crore and
INR 4 crore in
FY2018-19, FY2017-18 and FY2016-17 respectively.
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28-February-2020
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13-February-2020
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11-February-2020
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04-February-2020
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20-December-2019
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16-December-2019
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