Regulatory Clarification Response
Trading Symbol: RELIANCE
Reliance Industries Limited has provided a clarification to the National Stock Exchange of India Limited and BSE Limited regarding a news item about Supreme Court proceedings.
Date and Nature of Query
- Date of Communication: August 18, 2026
- Query Date: August 17, 2026
- Nature of Query: The exchanges sought clarification on a news item titled "SC slaps Rs 10 lakh fine on Reliance Industries for delaying NTPC gas supply suit"
Company's Clarification on Trading and Legal Matters
- The company explicitly states that "there is no fine or penalty levied on the Company by the Hon'ble Supreme Court of India"
- The company reproduces the operative part of the Supreme Court order dated August 14, 2026: "For the reasons stated above, the appeal is dismissed with costs quantified at Rs.10 lakhs payable by the appellant-RIL to Supreme Court Advocates on Record Association. The amount shall be paid within a period of five weeks from today."
- The clarification emphasizes the distinction between a "cost" payable to the Supreme Court Advocates on Record Association and a "fine or penalty" levied on the company
Regulatory Compliance Reference
- The company states that "no disclosure was required to be filed by the Company under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015"
- This position is based on their interpretation that the Supreme Court order did not constitute a fine or penalty on the company