Merger of Star Television Productions Limited, a subsidiary of the Company with Star India Private Limited (now known as Jiostar India Private Limited), another subsidiary of the Company, effective November 30, 2025.
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Reliance Industries has announced the merger of its subsidiary Star Television Productions Limited with another subsidiary, Star India Private Limited (now renamed Jiostar India Private Limited). The merger became effective on November 30, 2025. Both entities are wholly-owned subsidiaries of RIL, making this an internal group restructuring exercise. The consolidation brings the Star Television business under the Jiostar umbrella within the Reliance group structure. No share swap ratio or consideration details for minority stakeholders were mentioned, suggesting the transaction largely involves wholly-owned entities within the group.
This is an internal consolidation of two RIL subsidiaries and is unlikely to have a direct material impact on Reliance Industries' shareholders or the stock price. It simplifies the corporate structure of the media business under Jiostar.