(26-Mar-2012 Hours IST)
Reliance Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 23, 2012, approved a scheme of arrangement for amalgamation of Reliance Jamnagar Infrastructure Limited (RJIL), a wholly-owned unlisted subsidiary of the Company, with Reliance Industries Limited (RIL). RIL, being the holding and Transferee Company, the entire issued, subscribed and paid-up capital of RJIL shall get cancelled and no new shares of RIL will be issued. Reliance Industries Limited has informed the Exchange that Pursuant to the application made by Reliance Jamnagar Infrastructure Limited (RJIL) in connection with the scheme of arrangement for amalgamation of RJIL with Reliance Industries Limited (the 'Scheme') the Hon'ble High Court of Gujarat at Ahmedabad has issued directions on April 03, 2012 to convene a meeting of the Unsecured Creditors of RJIL on May 05, 2012. (As Per NSE Bulletin Dated on 24/04/2012) Reliance Industries Ltd has informed BSE that the Hon'ble High Court of Gujarat at Ahmedabad has sanctioned the Scheme of Amalgamation of Reliance Jamnagar Infrastructure Limited ('RJIL' or 'the Transferor Company') with Reliance Industries Limited ('RIL' or the 'Company') ('Scheme'). The High Court Order has been filed with the respective offices of the Registrar of Companies and the Scheme has become effective on October 22, 2012 with appointed date being April 01, 2011. (As per BSE Announcement Dated on 22.10.2012) Reliance Industries Ltd has announced the following results for the quarter ended December 31, 2012: The Unaudited results for the Quarter ended December 31, 2012 The Company has posted a net profit of Rs. 55020.00 million for the quarter ended December 31, 2012 where as the same was at Rs. 44400.00 million for the quarter ended December 31, 2011. Total Income is Rs. 956260.00 million for the quarter ended December 31, 2012 where as the same was at Rs. 868520.00 million for the quarter ended December 31, 2011. 'The Scheme of amalgamation of Reliance Jamnagar Infrastructure Limited (RJIL), with the Company from the appointed date of April 01, 2011, has been sanctioned by the Hon'ble High Court of Gujarat at Ahmedabad. The Scheme became effective on October 22, 2012. The figures for trailing quarters have been reworked and re-stated giving effect to the amalgamation. On account of above the figures for the quarter and 9 months of the previous year are strictly not comparable.' (As per BSE Announcement Dated on 18.01.2013) Reliance Industries Ltd has announced the following results for the quarter & year ended March 31, 2013: The Audited results for the Quarter ended March 31, 2013 The Company has posted a net profit of Rs. 55890 million for the quarter ended March 31, 2013 where as the same was at Rs. 42360 million for the quarter ended March 31, 2012. Total Income is Rs. 864410 million for the quarter ended March 31, 2013 where as the same was at Rs. 874770 million for the quarter ended March 31, 2012. The Audited results for the Year ended March 31, 2013 The Company has posted a net profit of Rs. 210030 million for the year ended March 31, 2013 where as the same was at Rs. 200400 million for the year ended March 31, 2012. Total Income is Rs. 3682950 million for the year ended March 31, 2013 where as the same was at Rs. 3360960 million for the year ended March 31, 2012. The Consolidated Results are as follows : The Audited Consolidated results for the Year ended March 31, 2013 The Group has posted a net profit after taxes, minority interest and share of profit / (loss) of associates of Rs. 208790 million for the year ended March 31, 2013 where as the same was at Rs. 197240 million for the year ended March 31, 2012. Total Income is Rs. 4048620 million for the year ended March 31, 2013 where as the same was at Rs. 3646250 million for the year ended March 31, 2012. - The scheme of amalgamation of Reliance Jamnagar Infrastructure Limited (RJIL), with the Company from the appointed date of April 01, 2011, has been sanctioned by the Hon'ble High Court of Gujarat at Ahmedabad. The Scheme became effective on October 22, 2012. On account of above, the current year's quarter and annual figures are strictly not comparable with the corresponding figure of the previous year. (As per BSE Announcement Dated on 16.04.2013)
Powered by Capital Market - Live News
home