Reliance Industries Ltd — Capital/Financing Update 2025

Apr 25, 2025

April 25, 2025

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BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai 400 001

National Stock Exchange of India Limited

Exchange Plaza, Plot No. C/1, G Block, Bandra - Kurla Complex, Bandra (East), Mumbai 400 051

Scrip Code: 500325

Trading Symbol: RELIANCE

Dear Sirs,

Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Acquisition of 100% equity stake of Kandla GHA Transmission Limited

The Board of Directors of the Company, at its meeting held today, have approved acquisition of 100% equity stake of Kandla GHA Transmission Limited (“KGTL”), from PFC Consulting Limited (“PFCCL”), for an aggregate consideration not exceeding Rs. 20 crore. This is in accordance with the terms of the tender awarded to the Company, for establishment of Turnkey Construction of 765/400kV GIS Substation at Kandla including Transformers and Reactors, 765kV Transmission lines between Halvad and Kandla, 765kV Bay extension at Halvad and STATCOM. Post acquisition, KGTL will become a wholly owned subsidiary of the Company.

KGTL was incorporated in India on November 27, 2024 and is yet to commence commercial operations.

The said investment will enable the Company to execute the Independent Transmission Project (ITP) “Transmission System for Supply of Power to Green Hydrogen / Ammonia manufacturing potential in Kandla area of Gujarat (Phase-I: 3 GW)”.

The acquisition is not a related party transaction and none of the Company’s promoter / promoter group / group companies have any interest in the above transaction.

The Company does not require any governmental or regulatory approval for the said acquisition.

Regd. Office: 3[rd] Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail: investor.relations@ril.com, Website: www.ril.com CIN- L17110MH1973PLC019786

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The transaction is expected to be completed by end of June 2025.

The meeting of the Board of Directors concluded at 8:00 p.m. (IST).

This is for information and records.

Thanking you

Yours faithfully, For Reliance Industries Limited

SAVITHRI Digitally signed by SAVITHRI PAREKH PAREKH Date: 2025.04.25 21:21:17 +05'30'

Savithri Parekh Company Secretary and Compliance Officer

Copy to:

Luxembourg Stock Exchange 35A Boulevard Joseph II, L-1840 Luxembourg

Singapore Exchange Limited 4 Shenton Way, #02-01 SGX Centre 2, Singapore 068807

Regd. Office: 3[rd] Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail: investor.relations@ril.com, Website: www.ril.com CIN- L17110MH1973PLC019786