RELIANCENSEReliance Industries Limited· RefineriesLowNeutral
Announced Wed, 20 Aug · 18:54 IST

Voluntary winding up of Reliance TerraTech Holdings LLC

Strategic Transactions View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Reliance Industries has informed that its step-down wholly-owned subsidiary, Reliance TerraTech Holdings LLC (a Texas-registered entity), has completed its voluntary winding up process. A Certificate of Termination was filed with the Secretary of State of Texas on August 19, 2025, and the entity has ceased to be a subsidiary from that date. The dissolved subsidiary had a turnover of just Rs. 0.32 crore in calendar year 2024 and a net worth of Rs. 0.09 crore as of December 31, 2024. It contributed a negligible 0.00003% to RIL's consolidated turnover and 0.00001% to its consolidated net worth for FY25. The intimation was received by RIL on August 19, 2025 at 7:29 p.m. IST.

Likely market impact

This is a non-material, housekeeping event with virtually no impact on Reliance Industries' financials, operations, or shareholder value. Investors should not expect any meaningful effect on the stock price from this disclosure.