RIL allots 12,53,977 equity shares to employees
07/07/2015 17:28

Mukesh Ambani led Indian conglomerate Reliance Industries Ltd (RIL) on Tuesday said it has allotted 12,53,977 equity shares to its employees under the Employees Stock Option Scheme.

These equity shares are having a face value of Rs 10 each, Mumbai-based company said in a statement.

“It has allotted 12,53,977 equity shares of Rs 10 each, on July 03, 2015, pursuant to the Employees Stock Option Scheme,” said Reliance Industries Ltd in a filing to the Bombay Stock Exchange on July 07, 2015.

RIL primarily engages in petroleum refining and marketing activities in India and internationally. It operates in four segments: Refining, Petrochemicals, Oil and Gas, and Organized Retail.

Meanwhile, shares of RIL closed at Rs 1,003.40 apiece, down 1.17 per cent, from previous close on BSE.