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 FY ended March 31, 2025, as recommended by the Audit Committee. The Board also cleared raising up to Rs. 25,000 crore through listed, secured or unsecured, redeemable non-convertible debentures on a private placement basis, to be issued in one or more tranches. Additionally, a dividend of Rs. 5.50 per equity share (on face value of Rs. 10) has been recommended for FY25.
The dividend of Rs. 5.50 per share offers a steady payout to shareholders, while the Rs. 25,000 crore NCD issuance signals fresh borrowing for funding requirements, which may modestly impact leverage but reflects continued access to debt markets.