Reliance Industries Ltd (RIL) has a second and final payment from those who were issued 42.26 crore company shares in a rights issue. And to assist shareholders, it has re-activated WhatsApp Chatbot 7977111111.
In a regulatory filing, the company said a notice for payment of Second and Final Call on 42,26,26,894 partly paid-up equity shares of
the face value of `10 each issued and allotted on rights basis on May 15, 2020, has been issued. Reliance had made a Rights Issue of 42.26 crore equity shares at `1,257 each. The final call of 50 per cent of the amount - `628.50 per share - has now become due. Reliance's rights issue at a total size of `53,125 crore was the largest ever rights issue in India.
This was the world's largest rights issue by a non-financial company in the last 10 years. The existing shareholders of the company were offered new shares of the company in a 1:15 ratio.
November 10, 2021, was the record date to decide holders of the Reliance Partly Paid-up shares, who need to pay the Second and Final Call.