Reliance Industries shares climb 5%. Here's why

A meeting of the creditors and shareholders of Reliance Industries will be held on May 02, 2023, to consider and approve the proposed scheme of arrangement between Reliance Industries and Reliance Strategic Investments (RSIL). After the demerger, the name of Reliance Strategic Investments shall be changed to Jio Financial Services.

Reliance Industries shares climb 5%. Here's why
A meeting of the creditors and shareholders of Reliance Industries will be held on May 02, 2023, to consider and approve the proposed scheme of arrangement between Reliance Industries and Reliance Strategic Investments (RSIL). After the demerger, the name of Reliance Strategic Investments shall be changed to Jio Financial Services.