RIL's ₹53,125 crore rights issue opens today

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RIL's ₹53,125 crore rights issue opens today

May 20, 2020 11:45 IST

Reliance Industries' ₹53,124 crore worth rights issue opened on Wednesday for subscription for existing shareholders. The rights issue price has been fixed at ₹1,257 per share. Analysts advise existing investors to subscribe to the rights issue given the current and expected healthy growth in Jio Platforms and Retail.

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