Reliance

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Date Submitted: 08/16/2013 02:14 AM

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Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai, Maharashtra, India. The company operates in five major segments: exploration and production, refining and marketing, petrochemicals, retail and telecommunications.RIL is the third largest publicly traded company in India by market capitalisation[3] and is the second largest company in India by revenue after Indian Oil Corporation.[4] The company is ranked 107th on Fortune Global 500 list of the world's biggest corporations for the year 2013.It contributes to approx. 14% of total exports of India.he company was co-founded by Dhirubhai Ambani and his cousin Champaklal Damani in 1960s as Reliance Commercial Corporation. In 1965, the partnership was ended and Dhirubhai continued the polyester business of the firm . In 1975, company expanded its business into textiles , with "Vimal" becoming its major brand in later years. The company made an initial public offer (IPO) in 1977.In the years 2005 and 2006, the company reorganized its business by demerging its investments in power generation and distribution, financial services and telecommunication services into four separate entities.

Shareholding.

The number of shareholders in RIL are over 3 million. The promoters group, Ambani family, holds approx. 45.34% of the total shares whereas the remaining 54.66% shares are held by public shareholders, including FII and bodies corporate.

Listing::

The Company's equity shares are listed on the National Stock Exchange of India Limited (NSE) and the BSE Limited (BSE). The Global Depository Receipts (GDRs) issued by the Company are listed on Luxembourg Stock Exchange (LSE).t has issued approx. 56 million GDRs wherein each GDR is equivalent to 2 equity shares of the company. Approx. 3.46% of its total shares are listed on Luxembourg Stock Exchange.

Products::

The company's petrochemicals, refining, and oil and gas-related operations form the core of its business; other...