RIL fixes July 20 as record date for equity shares allotment, listing of Reliance Strategic Investments

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₹10 each for every 1 fully paid-up equity share of ₹10 each of RIL. It said that the shareholders of the company holding equity shares in physical form are requested to send a letter to the Registrar and Transfer Agent of the Company (, Kfin Technologies) (“KfinTech") containing details like name, address, email ID, PAN, contact number, and details of Demat account among others through email, post, speed post, courier, or hand delivery to reach to the KfinTech no later than five working days before the Record Date (i.e., on or before Friday, July 14, 2023) to enable RSIL to issue the Resulting Company New Equity Share(s) in dematerialised form.

Further, RSIL also announced on Saturday that the board of directors has approved the appointment of Hitesh Kumar Sethia as the Managing Director and Chief Executive Officer of RSlL for a period of 3 years. It needs to be noted that this is subject to the approval of members of the company, RBI, and other approvals that are required.

Sethia has been designated as President and Chief Executive Officer of RSlL to hold such office till the effective date of his appointment as director, it said. Also, the RSIL board approved the appointment of Rajiv Mehrishi, Sunil Mehta, and Bimal Manu Tanna as additional directors for a term of five years, up to July 6, 2028.

They have recommended appointing Mukesh Ambani's daughter Isha Ambani and Anshuman Thakur as non-executive directors. Lodha & Co, Chartered Accountants will be the Joint Statutory Auditor of RSlL to hold office as such from the conclusion of the 25th annual general meeting till the conclusion of the 28th annual general meeting of RSIL.