Reliance Industries Limited (RIL) has completed a significant ownership restructuring in its step-down subsidiary, Reliance Enterprise Intelligence Limited (REIL), following a share allotment worth ₹853.2 crore that formalises a strategic partnership with Meta Platforms.
Reliance Industries Limited (RIL) partners with Meta Platforms. Meta’s subsidiary, Facebook Overseas Inc., acquires a 30% stake in Reliance Enterprise Intelligence Limited (REIL).