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Reliance Industries Limited · RELIANCE
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Reliance Industries Limited has received an administrative warning letter from SEBI for non-compliance with insider trading regulations. The warning is related to dealings in the company's scrip by three connected persons or their immediate relatives in July 2024. The company has been advised to improve its compliance standards to avoid recurrence of such instances.
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Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
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July 6, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1,
Dalal Street, G Block, Bandra-Kurla Complex,
Mumbai 400 001 Bandra (East), Mumbai 400 051
Scrip Code: 500325 Trading Symbol: RELIANCE
Dear Sirs,
Sub: Disclosure under Regulation 30 of the Securities and Exchange Board of India
(Listing Obligations and Disclosure Requirements) Regulations, 2015
Securities and Exchange Board of India has issued an administrative warning letter, dated
June 24, 2026 (received from NSE vide their letter dated July 6, 2026), to the Company
Secretary and Compliance Officer of the Company, in relation to the dealings in the scrip of
the Company by two employees and one immediate relative of an employee in July 2024.
Copy of the letter is attached.
The Company will take necessary steps to address the concern mentioned in the SEBI letter.
SEBI’s letter is cautionary in nature and does not impose any financial or operational
restrictions on the Company.
Letter from NSE was received by the Company, today, around 12:15 p.m.
This is for information and records.
Thanking you
Yours faithfully,
For Reliance Industries Limited
Savithri Parekh
Company Secretary and
Compliance Officer
Encl.: as above
Copy to:
Luxembourg Stock Exchange Singapore Exchange Limited
35A Boulevard Joseph II 2 Shenton Way, #02-02 SGX Centre 1,
L-1840 Luxembourg Singapore 068804
Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India
Phone #: +91-22-3555 5000, Telefax: +91-22-2204 2268. E-mail: investor.relations@ril.com, Website: www.ril.com
CIN- L17110MH1973PLC019786
Nifty50
NSE/ISC/2026 July 06, 2026
The Company Secretary and Compliance Officer,
Reliance Industries Limited,
3rd floor, Maker Chambers JV, 222,
Nariman Point, Mumbai 400021,
Maharashtra, India
Subject: Administrative warning letter issued by SEBJ
Dear Sir/ Madam,
Please find enclosed the copy of administrative warning letter issued by SEBI dated June
24t1,, 2026.
As requested in the letter, kindly provide confirmation of delivery of the letter.
National Stock Exchange of India Limited
Non-Confidential
National Stock Exchange of India Limited I Exchange Plaza, C-1, Block G, Bandra Kurla Complex, Bandra (E), Mumbai -400 051, India
Tel : +912226598100 I Fax No. : +91 22 26598120 I www.nseindia.com I CIN U67120MH1992PLC069769
Securities and Exchange Boc:ird ot Indio
General Manager
Investigations Department
email; srinivasant@sebi.gov.in
Phone: +91 022 26449470
( Through the Stock Exchange, via the company viz., Reliance Industries Limited)
1/14806/2026
June 24, 2026
The Company Secretary & Compliance Officer
Reliance Industries Limited,
3rd Floor, Maker Chambers 222,
Nariman· Point~ Mumbai - 400 021,
Maharashtra. India
Madam,
Subje~t: Administrative Warning to the. Company Secretary & Compliance Officer,
,for vio.lations observed under SEBI (PIT) Regulations, 2015
1. SEBI conducted an investigation to ascertain. inter a/ia. compliance of prov1s1ons
contair1ed in SEBI (Prohibition of Insider Trading) Regulations, 2015 ('PIT Regulations')
in relation to the dealings in the scrip of Reliance Industries Ltd: ('RELIANCE') during
the invest!ga1ion period (IP) June 01', 2024 to.August 30, 2024.
2. During investigation, il was observed that three connected persons or their immediate
relatives (deemed connected), viz. Ms. Kamini Jain ( - connected to an
employee Mr.·Mahesh Goyal ( , Ms. Hirai Umang Doshi (
and Mr. . Harsh Jai11 { .• had traded in the scrip of the company when ln
possession of unpublished price sensitive. information (UPSI), in violation. of Regulation
4(1) of the PIT Regulations. and Section 12A(d) and (e) of the SEBI Act. The trades
executed by the connected persons is given in Annexure-A.
3. .In respect of the af0resaid trades by the conrtected ,person$, ft is only after the receipt of
communication from SEBI, the company RELIANCE took cognizance of the violations.
4. As per Regulation 9(3) and 2(1 )( c) of PIT Regulations, it is the responsibilily of the
Cqmpliance Officer to monitor trade!:,;, adrninister the code of conduct and monitor
compliance with PIT Regulations. By failing to do so, the·Compliance Offict ~/1~§:>:Y~J,~ed
Regulation 9(3) and 2(1 )(c) of PIT Regulations. ~ .J-.-st
. · . . °''~~ y ) k ·1
~cfl' \lcH, ~ ~ . m.-~T-~mf lwl~cm-, ~ ... 400 os1
SEBI Bhovon, "G" Block, Oondra Kor!o Complex, Mumbai - 400 051
1wtw.sebi.gov.in 022 - 2544 9000 / 4045 9()00
-~01·-t.1 'J,{ fq-_-~Jtl'·V"\l"' •: ,. •.:~
Securities and Exctionge Boord of Indio
5. The aforesaid violation has been viewed seriously by SEBI. Therefore, you are hereby
warned for non-compliance with the regulatory provisions laid down by SEBI. You are
further advised to be cautious in future and improve your compliance standards to avoid
recurrence of instances resulting into violations of extant provisions of law, failing which
appropriate action shall be initiated against you in accordance with the provisions of
SEBI Act, 1992 and Rules and Regulations framed thereunder:
The issuance of this document may be verified in the web-page accessible
through the QR code printed here or from the SEBJ website at
(www:sebi,gov.in) > Home > Authenticate Document Number Issued by
Page 2 of 3
'm1cthr -g-fct'lf..frl" Jth ~ 'f.rlr"Q art 3q,raf:
11! seeuriti.es and Exchange Board' of Indict continuation:
Annexure -A
Trades o(Connected Persons
Connection
Client Name & Date of Buy Value Sell Value
with Buy Qty Sell Qty
PAN trade (Rs.) (Rs.)
Company
Harsh Jain I
Employee 05-Jul~2024 2 0 6,385 0
Immediate
Relative of
Connected Kamini Jain
10-Jul-2024 0 35 0 1,09,695.25 •
Person - -)
(Mahesh
Goyal)
Immediate
Relative of
Connected Kamini Jain
11-Jul-2024 25 0 78,871.25 0 1
Person - -) '
(Mahesh
Goyal)
Hirai Umang
Employee Doshi 18-Jul-2024 0 15 0 47,625
Page3 of3