RELIANCENSEReliance Industries Limited· RefineriesLowPositive
Announced Wed, 20 May · 19:34 IST

Please find attached a media release by RISE Worldwide Limited, a subsidiary of the Company, titled MLB ANNOUNCES PARTNERSHIP WITH RISE WORLDWIDE TO ACCELERATE GROWTH OF BASEBALL IN INDIA.

RELIANCE · price

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Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹1360.30
prior close
₹1367.20
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AI summary

Major League Baseball (MLB) has announced a partnership with RISE Worldwide Limited, a wholly-owned subsidiary of Reliance Industries, to promote and grow baseball in India. The collaboration covers marketing, social media, commercial initiatives, and includes a live event in Mumbai scheduled for October 2026. RISE Worldwide, which manages sports properties like the Indian Super League and Tata Open Maharashtra, will help MLB expand its reach through grassroots programs and fan engagement activities. MLB has been operating in India since 2019, running initiatives like MLB First Pitch in schools and the MLB Cup youth competition.

Likely market impact

The partnership strengthens Reliance's sports and entertainment portfolio through its RISE subsidiary without material financial impact in the near term. It reflects Reliance's strategy of leveraging international sports brands to capture India's growing sports entertainment market.