When was reliance company established
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Jio Digital Cableco Pvt Ltd. Oil Refineries Ltd. Sumitomo Chemical Co. NSE Live Nov 12, Company History - Reliance Industries - On 8th May the company was incorporated in Karnataka state as a public limited company under the name Mynylon Ltd. It established a synthetic fabrics mill in the same year at Naroda in Gujarat. The company manufactures synthetic blended yarns and fabrics polyester filament yarn polyester staple fibre chemicals and allied products colour TV glass shells and colour TV picture tubes.
The Company's yarns are marketed under various brand names such as Texalit, Textron, Texlene, Poly dyed and polytwist. Ltd which has an installed capacity of 38, spindles and looms was amalgamated with the company. In terms of the scheme of amalgamation, the company was to issue and allot for every one equity share of Rs.
Financial and technical collaboration was finalized with E. Of these, 24,00, shares issued as additional entitlement to debentureholders iv series on account of bonus issue. Equity shares of Rs 10 each for every Rs of debentures ,28, shares in and 96, shares in Rate of dividend on Steps were also taken to set up a project for the manufacture of mono ethylene glycol MEG , a basic raw material required for the polyester industry.
A Collaboration agreement was entered into with Scientific Design company, New York for this project. Trishna Investments and Leasing Ltd. This plant was commissioned during the year. Subsequent to 30th June, all these industrial licenses were transferred to Reliance Petrochemicals, Ltd. Rs Out of which ,30, shares allotted in respect of earlier conversion of debs. Rs 50 per share; prop. Along with the Rights issue, 14,00, No. The balance 12,88, shares allowed to lapse. BPCL is engaged in the business of refining of crude oil and marketing of petroleum products.
Its principal activi BP Plc history, profile and corporate video BP Plc is an integrated oil and gas company that provides customers with fuel for transportation, energy for heat and light, lubricants to keep engines moving, and the petr Caltex Australia Ltd.
The company offers a large range Added by chcom. In , Reliance emerges as the first and only private Indian organisation to be listed in the Fortune Global list. Reliance is also the first private sector company to be rated by international credit rating agencies - including Moody's, Standard and Poor's.
With this development, Reliance completes an unprecedented backward integration journey. Reliance Retail becomes the largest retailer by revenue in , fulfilling the aspirations of millions across the country and bringing international experiences at affordable prices to every corner of India. Reliance Jio Infocomm Ltd.
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