Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015

Trading Symbol: RELIANCE

Meeting Details

  • Type of Meeting: Postal Ballot (Remote E-Voting)
  • Cut-Off Date: July 17, 2026
  • E-voting Period: July 22, 2026 (9:00 AM IST) to August 20, 2026 (5:00 PM IST)
  • Results Declaration: On or before August 24, 2026

Proposed Resolutions and Implications

1. Approval of Material Related Party Transactions of the Company (Ordinary Resolution)
  • Purpose: To approve related party transactions between Reliance Industries Limited and Reliance Consumer Products Limited (RCPL)
  • Transaction Type: Investments in securities/debt instruments and/or provision of loans/advances
  • Limit Sought: Up to ₹25,000 crore outstanding at any point from FY 2026-27 to FY 2028-29
  • Interest Rate: Based on MCLR or similar benchmark on arm's length basis
  • Current Exposure: FY 2025-26: ₹4,000 crore; Q1 FY 2027: ₹1,800 crore
  • Turnover Impact: Represents 2.3% of RIL's consolidated turnover and 355.3% of RCPL's standalone turnover
2. Approval of Material Related Party Transactions of Subsidiaries (Ordinary Resolution)
  • Purpose: To approve transactions between Reliance Retail Ventures Limited (RRVL) and Reliance Retail Limited (RRL)
  • Transaction Type: Investments in securities/debt instruments and provision of loans/advances
  • Limit Sought: Up to ₹1,20,000 crore outstanding till FY 2031-32
  • Interest Rate: Based on MCLR or similar benchmark on arm's length basis
  • Current Exposure: FY 2025-26: ₹30,300 crore; Q1 FY 2027: ₹5,759 crore
  • Turnover Impact: Represents 11.2% of RIL's consolidated turnover, 40.9% of RRL's standalone turnover, and 719.6% of RRVL's standalone turnover
  • Credit Rating: RRL rated 'CRISIL AAA/Stable' and 'CRISIL A1+'
3. Alteration of Objects Clause of Memorandum of Association (Special Resolution)
  • Purpose: To add new business objects enabling entry into ammonium nitrate and explosives manufacturing
  • Proposed Business: Manufacture of ammonia, nitric acid, ammonium nitrate, explosives, fertilizers, and agro-chemicals
  • Strategic Rationale: Part of RIL's vision to become a world-leading New Energy and New Materials company and achieve net carbon zero by 2035
  • Market Opportunity: Address import-dependent domestic market and capture export opportunities
  • Location: Proposed integrated facility at Jamnagar

Voting Process and Methods

  • Voting Method: Remote e-voting only (no physical polling)
  • Service Provider: KFin Technologies Limited
  • Voting Rights: Proportional to shareholding as on July 17, 2026 cut-off date
  • Voting Platforms: NSDL, CDSL, Depository Participants, and KFinTech's evoting portal
  • Mobile Apps: NSDL Speede and CDSL MyEasi for seamless voting experience
  • Technical Support: NSDL (022-4886 7000), CDSL (1800 210 9911), KFinTech (1800 309 4001)

Scrutinizer Appointment

  • Primary Scrutinizer: Shri Sunil Khandelwal, Practising Chartered Accountant (Membership No.: 101388), Partner of Khandelwal & Mehta LLP
  • Alternate Scrutinizer: Shri Neel Khandelwal, Practising Chartered Accountant (Membership No.: 608083), Partner of Khandelwal & Mehta LLP
  • Role: To conduct postal ballot process fairly and transparently, validate votes, and submit report
  • Contact: ril.scrutinizer@kfintech.com

Compliance with Regulations

The notice complies with:

  • Section 110 of Companies Act, 2013
  • Rule 20 and 22 of Companies (Management and Administration) Rules, 2014
  • SEBI LODR Regulations, 2015 (Regulation 44)
  • MCA Circulars Nos. 14/2020, 17/2020, and 03/2025
  • SEBI Master Circular dated January 30, 2026
  • Secretarial Standard SS-2

Document Availability

  • Electronic Delivery: To all members with registered email addresses
  • Company Website: https://www.ril.com/sites/default/files/2026-07/postalballotnotice.pdf
  • Inspection: Documents available for electronic inspection by members until August 20, 2026

Additional Financial Information

  • RIL Consolidated Turnover (FY 2025-26): ₹10,75,675 crore (excluding duties and taxes)
  • RCPL Financials (FY 2025-26): Turnover ₹7,037 crore, Net Loss ₹125 crore, Networth ₹3,794 crore
  • RRVL Financials (FY 2025-26): Turnover ₹16,677 crore, Net Profit ₹318 crore, Networth ₹90,456 crore
  • RRL Financials (FY 2025-26): Turnover ₹2,93,481 crore, Net Profit ₹13,476 crore, Networth ₹68,554 crore

Related Party Transaction Governance

  • All transactions at arm's length and in ordinary course of business
  • Reviewed by Big4/independent accounting firms for arm's length compliance
  • Approved by Audit Committee comprising only independent directors
  • Subsidiary transactions approved by their respective audit committees
  • Related parties excluded from voting on resolutions 1 and 2

Communication Copies

Sent to BSE Limited, National Stock Exchange of India Limited, Luxembourg Stock Exchange, Singapore Exchange Limited, The Bank of New York Mellon, National Securities Depository Limited, Central Depository Services (India) Limited, and KFin Technologies Limited.