RIL post demerger market cap 15% higher THAN pre-demerger cap
Unprecedented unlocking OF VALUE FOR 723 Lakh Reliance SHARE holders
“I am delighted that the demerger of Reliance Industries Limited (RIL) has unlocked unprecedented value for more than 23 lakh Reliance shareholders.
RIL’s market capitalisation has increased over 50% from June 2005 to date, outperforming the Sensex by nearly 20%, and adding a record Rs. 55,000 crores to shareholder wealth, in a short span of only seven months.
RIL’s stand-alone post-dermerger market capitalisation is 15% higher than its pre-demerger market capitalisation, and 23 lakh Reliance shareholders will further benefit from the free shares they receive in the four Reliance – Anil Dhirubhai Ambani group companies, namely, Reliance Communications Ventures Limited, Reliance Energy Ventures Limited, Reliance Natural Resources Limited and Reliance Capital Ventures Limited.
I thank RIL and its Board of Directors for implementing the demerger process advocated by me, in the best interests of fairness, transparency and good governance, and to maximise value for 23 lakh Reliance shareholders, the true legacy of our founder Chairman, Shri Dhirubhai H. Ambani.
I take this opportunity to welcome each one of the 23 lakh Reliance shareholders to the Reliance – Anil Dhirubhai Ambani Group family.”