In continuation of our letter dated April 18, 2025, we wish to inform you that the Board of Directors of the Company, at its meeting held today, has inter alia:i. approved the Audited Financial Statements (Consolidated and Standalone) for the financial year ended March 31, 2025 and the Audited Financial Results (Consolidated and Standalone) for the quarter / year ended March 31, 2025, as recommended by the Audit Committee; ii. approved raising of funds through issuance of listed, secured / unsecured, redeemable non convertible debentures up to Rs. 25,000 crore (Rupees Twenty Five Thousand Crore only), in one or more tranches, on private placement basis; andiii. recommended a dividend of Rs. 5.50 per equity share of Rs. 10/- each for the financial year ended March 31, 2025.
RELIANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Reliance Industries' Board has approved the audited consolidated and standalone financial statements and results for the quarter and year ended March 31, 2025, as recommended by the Audit Committee. The Board also approved raising of up to Rs. 25,000 crore through listed, secured or unsecured, redeemable non-convertible debentures (NCDs) on a private placement basis, to be issued in one or more tranches. Additionally, the Board has recommended a dividend of Rs. 5.50 per equity share (on face value of Rs. 10) for FY25, subject to shareholder approval. Detailed financial numbers from the audited results were not included in this filing.
The Rs. 25,000 crore NCD issuance indicates significant capital raising activity, which could be used for growth, refinancing, or capex purposes — shareholders should watch for what the funds will be deployed towards. The Rs. 5.50 dividend offers a steady income to shareholders at a reasonable yield. Overall, the announcement is broadly positive as it signals business continuity and shareholder returns, though the absence of detailed results in this filing limits immediate assessment of earnings performance.