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Reliance Industries Merges 16 Subsidiaries into Clean Energy Arm Reliance New Energy Limited

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Reliance Industries Limited has merged 16 of its wholly owned subsidiaries into its clean energy division, Reliance New Energy Limited, effective January 21, 2026. This consolidation aims to enhance RIL's new energy initiatives, such as green hydrogen and energy storage, following a mixed performance report for the December quarter. Additionally, Jio Platforms reported an 11.2% increase in net profit, with a subscriber base of over 515 million.

Reliance Industries Merges 16 Subsidiaries into Clean Energy Arm Reliance New Energy Limited
Jan 23, 2026, 9:28 PM

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