India, June 3 -- Reliance Industries Limited announced that it has achieved successful closure of India's largest-ever Rights Issue of Rs 53,124.20 crore. It was subscribed approximately 1.59 times, cumulating to an overall commitment of over Rs 84,000 crore. The Rights Issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign.

The public portion of the Rights issue was subscribed 1.22 times. The allotment of equity shares will happen on or about 10th June 2020. The rights shares are expected to be listed on the BSE and NSE on or around 12th June 2020 under separate ISIN. The Company had launched a highly innovative campaign to create awareness about the ...