How and when and by whom the company Ws | t introducedReliance Industries Limited (RIL) is an Indian conglomerate company headquartered in Mumbai, Maharashtra. It was founded by Dhirubhai Ambani in 1966. Dhirubhai Ambani was an Indian entrepreneur and visionary who started the company with a small textile manufacturing unit. Dhirubhai Ambani began his entrepreneurial journey by establishing Reliance Commercial Corporation in 1960, which dealt with spices, textiles, and import-export business. In 1966, he founded Reliance Textile Industries Limited and set up a textile mill in Naroda, Gujarat. Under Dhirubhai's leadership, Reliance Industries expanded rapidly and diversified into various sectors, including petrochemicals, refining, oil and gas exploration, telecommunications, and retail. Dhirubhai Ambani's astute business strategies and his ability to navigate complex regulations played a significant role in the company's success. Reliance Industries went public in 1977 and issued shares to the public, becoming the first Indian company to do so. The company's initial public offering (IPO) was oversubscribed, indicating the confidence of investors in its growth potential. 1981-2000 In 1985, the name of the company was changed from Reliance Textiles Industries Ltd. to Reliance Industries Ltd. During 1985 to 1992, the company expanded its installed capacity for producing polyester yarn by over 145,000 tonnes per annum. The Hazira petrochemical plant was commissioned in 1991- 92.In 1993, Reliance turned to the overseas capital markets for funds through a global depository issue of Reliance Petroleum. In 1996, it became the first private sector company in India to be rated by international credit rating agencies. S&P rated Reliance "BB+, stable outlook, constrained by the sovereign ceiling". Moody's rated "Baa3, Investment grade, constrained by the sovereign ceiling". In 1995/96, the company entered the telecom industry through a joint venture with NYNEX, USA, and promoted Reliance Telecom Private Limited in India. In 1998/99, RIL introduced packaged LPG in 15 kg cylinders under the brand name Reliance Gas. The years 1998-2000 saw the construction of the integrated petrochemical complex at Jamnagar in Gujarat, the largest refinery in the world. 2001 onwards In 2001, Reliance Industries Ltd. and Reliance Petroleum Ltd. became India's two largest companies in terms of all major financial parameters. In 2001-02, Reliance Petroleum was merged with Reliance Industries. In 2002, Reliance announced India's biggest gas discovery (at the Krishna Godavari basin) in nearly three decades and one of the largest gas discoveries in the world during 2002. The in-place volume of natural gas was more than 7 trillion cubic feet, equivalent to about 120 crore (1.2 billion) barrels of crude oil. This was the first-ever discovery by an Indian private sector company.In 2002-03, RIL purchased a majority stake in Indian Petrochemicals Corporation Ltd. (IPCL), India's second largest petrochemicals company, from the government of India, RIL took over IPCL's Vadodara Plants and renamed it as Vadodara Manufacturing Division (VMD). IPCL's Nagothane and Dahej manufacturing complexes came under RIL when IPCL was merged with RIL in 2008. In 2005 and 2006, the company reorganised its business by demerging its investments in power generation and distribution, financial services and telecommunication services into four separate entities. In 2006, Reliance entered the organised retail market in Indiawith the launch of its retail store format under the brand name of 'Reliance Fresh’. By the end of 2008, Reliance Retail had close to 600 stores across 57 cities in India In November 2009, Reliance Industries issued 1:1 bonus shares to its shareholders. In 2010, Reliance entered the broadband services market with acquisition of Infotel Broadband Services Limited, which was the only successful bidder for pan-India fourth- generation (4G) spectrum auction held by the government of India.In the same year, Reliance and BP announced a partnership in the oil and gas business. BP took a 30 per cent stake in 23 oil and gas production sharing contracts that Reliance operates in India, including the KG-D6 block for $7.2 billion. Reliance also formed a 50:50 joint venture with BP for sourcing and marketing of gas in India. In 2017, RIL set up a joint venture with Russian Company Sibur for setting up a Butyl rubber plant in Jamnagar, Gujarat, to be operational by 2018. In August 2019, Reliance added Fynd primarily for its consumer businesses and mobile phone services in the e- commerce space. On the 18th of August 2021, Reliance Industries Limited (RIL) stated that it had shut down its manufacturing units at Nagothane town in Maharashtra. In December 2022, Reliance Industries Market cap stood at Rs.17,59,017.23 crore. Under Mukesh Ambani's leadership, Reliance Industries expanded its operations and ventured into new sectors. It launched Reliance Jio Infocomm Limited, a telecommunications company, in 2016, which disrupted the Indian telecom market with its affordable data services and widespread network coverage. Today, Reliance Industries is involved in various sectors, including petrochemicals, refining, oil and gas exploration, telecommunications, retail, media, and entertainment. It is one of the largest conglomerates in India and has a significant presence in the global business landscape.Founder, Directors ofthe =Founder: ¢ Dhirubhai Ambani Current Directors: 1.Mukesh D. Ambani - Chairman and Managing Director 2.Nita M. Ambani - Non-Executive Director 3.Hital R. Meswani - Executive Director 4.P.M.S. Prasad - Executive Director 5. Nikhil R. Meswani - Executive Director 6. Yogendra P. Trivedi - Non-Executive Independent Director 7. Dipak C. Jain - Non-Executive Independent Director 8.Mansingh L. Bhakta - Non-Executive Independent Director 9.Shumeet Banerji - Non-Executive Independent Director 10. Adil Zainulbhai - Non-Executive Independent DirectorMRS Dees Male ot ia ag P.MLS. Prasad So aes Pees MUU ly Executive Director Nikhil R. Meswani bao De a calg Py, Raminder S. Gujral De ae ace a Adil Zainulbhai De ee ae nce* Fi Shumeet Banerji De es ad Pee cotta mel me LT acu) Diese ae eos Li Arundhati Bhattacharya aoe * \s ~ Lee Acura Duar a i 2 5 4 is} PY <Accordinng to the internet cutoff in September 2021, Reliance Industries Limited (RIL) had reported a turnover of INR 5,39,238 crore (approximately $74 billion) for the financial year 2020-2021. It is important to note that turnover figures can vary over time as they are subject to fluctuations in business performance and market conditions. For the most recent and accurate information, it is recommended to refer to the latest financial reports or official sources from Reliance Industries.Reliance Industries Limited (RIL) operates in various sectors and has a diverse range of products. Here are some of the key products and business areas of Reliance Industries: 1.Petrochemicals: Reliance Industries is one of the largest producers of petrochemicals globally. It manufactures a wide range of petrochemical products, including polymers (polyethylene, polypropylene), polyester, polyvinyl chloride (PVC), and other specialty chemicals.Petrochemicals Our petrochemicals business creates more than just products, it generates experiences that shape and enhance lifestyles. Reliance is the largest producer of petrochemicals in the country and amongst the top ten in the world. With a unique portfolio of B2B businesses spread across polymer and polyester chains, Reliance produces an extensive range of polymers (PP,PE, PVC), elastomers (PBR, SBR, Butyl), polyesters (PSF, PFY, IDY), aromatics (PX, OX, BT, LAB), fibre-intermediates (PTA, MEG, EO) and advanced materials (composites). Reliance serves its global customers through an extensive network of offices, business partners and distributors spread across the world. It is our constant endeavour to harness the power of chemistry and develop product solutions and experiences for our customers that enable them to develop a range of applications - apparel, packaging, agriculture, automotive, housing, industrial and healthcare, among others. Our customer-centric, comprehensive solutions such as project identification, new product design, product and market development, raw material selection and testing — besides a host of industry-specific solutions — have helped us grow into a world leader for most of our product categories. We are the world's largest integrated producer of polyester fibre and yarn, second-largest of paraxylene and among the top ten for purified terephthalic acid, mono-ethylene glycol and polypropylene. We are also the largest producer of synthetic elastomers in India and have world’s largest Refinery Off-Gas Cracker (ROGC) complex of 1.5 MMTPA ethylene capacity at Jamnagar in Gujarat, India.a o Ey ps) Zz 5 | Ps} 4 fal 2 > z Ft ey el\ bts) Lae pr- EB Lo= 7 07. cee] seb aE] $10}99g ssaulsng 1NORotwooa™ Retaicoa™ an inovaton brought to Ina by Reliance promises to charge te environment aroun us looks tke wood, fees ke wood, can be worked upon ke wood, bu is tougher anc greener Fetwood™ is a rata fre polynercomposte mata which can gve the ook and feel of wood “wile overcoming ts crawoacks. Mace with German technology, thas unique nomogenaous| ‘oncng between natural fore and pole. This crests @ materi tht ls tual Inclsinqushaole ‘tom topical wood in terms of enti and haptic properties and atthe sare time Is resistant to water, sin, wind and cod that does not spnter- even ater many years. Its 1008 recyclable, _aterproo, low meintenance ais so resistant to termites, mould and fungi Fetviood™ is avalal inthe form ot sheets \ReWood™ UPB) and ato profes of various shapes ‘and can be used ina varity of appiations tke furitre, door, foorng, decking, wall clanking or ‘apace, For mare information plesse vist won rvoodin letan™ (Asan industry leader anda pionesy, the polyester sion of FL is aways looking at ways to come ‘wo wit value sade, easy-care, nd more comtortable fabrics forthe common man, Fotowng extensive research and development, a using Its expertise n fre re-engineering, FL has crested RIBan™ -& portioto of speciaty fabric, tis a perect blend of at and sart, wh farce proving ennanced aestnetics, pertemance and como. Through these fares RElan™ ‘ms to cater oll consumers across all apparel segments ~ active wea, denim, formal wear and ‘womenswear, These faves have been crested wih active parcpation of HEP [hub excelence rogram) pares, soresd across various tele centres ct nia. Flan ams to create 2 robust foretotaric value chain to ensure that these innovations match the commercial expectations of fasrion brands. Rian fabrics wil be presente to consumer wih leading domestic and international brands inthe fom of co-brended soperels For more information pease ist we -slan.com eax ‘Reis the ecvanced composte materi brand of Relsnceindusties Ltd. “The aovance matenal vison manutscures ren and echnical ales 36 wel 8 Roe rerfoeced ‘polymer (FAP) fishes comocnents. These materals ae garng fast accectance Que to Ight \yeigntng, corosion protection, lamerstrdant characterise, chamica resistance, lower ‘mabtnance and excences seni to. FFRPICFFP compostes which ae either based on fore materi such as Gass, Carbon and Aramid ater to wide set of apocationn sectors such power, renewable energy, cl and gas, electrical 17a electrons, tlscommunicaton, ceence, avin, ship bulling, mass rensportaton, atomobe, 20 and inastucture, constructon and disaster management, ndustal and ‘municipal png, ec For more ntormation, please vist wanrelancecompostes.com @ RelwooD REL XxGlobal Demand for Excellence nce allows us to Support our customer as; me of the leading, most discerning global companie: OUR GLOBAL PRESENCE“Sheet o ailhy com pan} Y S Ni :Statement of Profit and Loss For Ba yoce anctect JP Wexety 2072 ‘Venus of Sales “ricomra from Services ‘Volue af Scien & Saracen (fewernse) aur GST becoveress Beoerue trem) ‘Dtterincome | | Eslelleletgle, (HERIGIEIG “Cont of Material Consumed Purchase of ieet-n-ode “Changer ininwaricris ol falshes Goad Wate Repent andicch hase af ‘ori uy ‘Emeicyes Gonatis Espana ‘rance Gout Depress | amenamics ond cepaien fen 1 ‘Other Caper Rseesee prate Bator tazeptionalltem and iment co Tex) Pratt watere Tax® ‘Textaperas” ‘Cunere Tee Deteced Tox ae (arash Pratt orthe Wear L___sasea] masa) ‘Gthar Compraneniave mame 1 Rem at wire Se racioutied i Pet or Lous ry 0 {E_ncarne tem relating bo err thas wil rox bn secinea/ind in Pool or Lowe ) oH (Bens Pot wil be rectonutied to Profit crLoee ma (e7as) ae 1w core tm rating to narra thar wil be recionstiads2 ro oF Loa ov a Income fer ta Year Temings per tqaly shareatface value of 1165S ‘Bouin €)- after Exceptional tern = mM mae ‘Bauic (rn #)— Safer Eacapsioncitarn 2 a 7 Coturaes (ie) Attwr Gace pticres mem EI co) an ined (in 8) - Geicretacepsonat hem a sas ‘=n Stzaccomparying hes tothe franca scpamerts == “roe entre nk os Peeper an anctan Povo Tn pet ce casey Fat Card Ton ona Carede Pa ot megan Bar specu ae reranasnanae wrens saree cum RCOU athe sane srearncesana Seem Gaecnartem Sratrercar cme [wanageg eam Stove ‘Smee ———— Secenccasres aR mee el nea somes Vestnarerrenet — setuvireni sn sored fore er ‘compare mcr metem esse Tereseipns mans anmarmpa oescn ae — REESE cere ~— amueyse ace Ssnereet eetaac Merch 207 Se DPRMasaheeUe fcrRRMCRCOU aterm! en at rar an Chunaecaccorre chormedaccomans cha eeancncicat morepegomcee magencricena. 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