overview

Date of Establishment Revenue Market Cap Corporate Address

Management Details

Business Operation Background

1966 58006.5 ( USD in Millions ) 2773021.1595989 ( Rs. in Millions ) 3rd Floor Maker Chambers IV,222 Nariman Point, Mumbai-400021, Maharashtra www.ril.com Chairperson - Mukesh D Ambani MD - Mukesh D Ambani Directors - Ashok Misra, Dharam Vir Kapur, Dipak C Jain, Dr Dharam Vir Kapur, Dr Raghunath A Mashelkar, Hardev Singh Kohli, Hital R Meswani, K Sethuraman, Mahesh P Modi, Mansingh L Bhakta, Mukesh D Ambani, Nikhil R Meswani, P M S Prasad, Pawan Kumar Kapil, Prof Ashok Misra, Prof Dipak C Jain, R Ravimohan, Raghunath A Mashelkar, Ramniklal H Ambani, S Venkitaramanan, Vinod M Ambani, Yogendra P Trivedi Refineries The Reliance Group, founded by Dhirubhai H. Ambani , is India's largest private sector enterprise, with businesses in the energy and materials value chain. Group's annual revenues are in excess of $ 30 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India. Dhirubhai Ambani founded Reliance as a textile company and le Total Income - Rs. 2515891.1 Million ( year ending Mar 2011) Net Profit - Rs. 202863 Million ( year ending Mar 2011) K Sethuraman ABN Amro Bank, Allahabad Bank , Andhra Bank, Bank of America, Bank of Baroda, Bank of India , Bank of Maharashtra, Calyon Bank, Canara Bank , Central Bank of India, Citi Bank, Corporation Bank, Deutsche Bank, HDFC Bank, HSBC Bank, ICICI Bank, IDBI Bank, Indian Bank, Indian Overseas Bank, Oriental Bank of Commerce, Punjab National Bank, Standard Chartered Bank, State Bank of Hyderabad, State Bank of India, State Bank of Patiala, State Bank of Saurashtra, Syndicate Bank, UCO Bank, Union Bank of India, Vijaya Bank Chaturvedi & Shah, Deloittee Haskins & Sells, Rajendra & Co

Financials Company Secretary Bankers

Auditors

The Reliance Group, founded by Dhirubhai H. Ambani , is India's largest private sector enterprise, with businesses in the energy and materials value chain. Group's annual revenues are in excess of $ 30 billion. The flagship company, Reliance Industries Limited, is a Fortune Global 500 company and is the largest private sector company in India. Dhirubhai Ambani founded Reliance as a textile company and led its evolution as a global leader in the materials and energy value chain businesses. It was in 1957 when he returned to India after a stint with A.Besse& Co., Aden he started yarn trading business from a small 500 sq.ft. office in Masjid Bunder, Mumbai.he set up his brand new mill in Naroda, Gujarat. In 1996 Reliance went on to become the biggest textile brand Only Vimal. In 1977 the Reliance Textile Industries came with an IPO which was oversubscribed seven times. Reliance enjoys global leadership in its businesses, being the largest polyester yarn and fibre producer in the world and among the top five to ten producers in the world in major petrochemical products. Starting as a small textile company, Reliance has in its journey crossed several milestones to become a Fortune 500 company in less than 3 decades. Reliance Industries Limited operates world-class manufacturing facilities across the country at Allahabad, Barabanki, Dahej,

Dhenkanal, Hazira, Hoshiarpur, Jamnagar, Kurkumbh, Nagothane, Nagpur, Naroda, Patalganga, Silvassa and Vadodara. Allahabad Manufacturing Division located in Allahabad, Uttar Pradesh, is spread over 105 acres. It is equipped with polymerization and continuous polymerization facilities. Barabanki Manufacturing Division located near Lucknow, Uttar Pradesh, is spread over 106 acres. It manufactures Black Fibre. Dahej Manufacturing Division located near Bharuch, Gujarat, is spread over 1,778 acres. It comprises of an ethane / propane recovery unit, a gas cracker, a caustic chlorine plant and 4 downstream plants, which manufacture polymers and fibre intermediates. Dhenkanal Manufacturing Division located in Baulpur, Orissa, is spread over 227 acres. It manufactures polyester staple fibre. Hoshiarpur Manufacturing Division located in Hoshiarpur, Punjab, is spread over 69 acres. It manufactures a wide range of PSF, PFF, POY and polyester chips. Hazira Manufacturing Division located near Surat, Gujarat, is spread over 700 acres. It comprises of a Naptha cracker feeding downstream fibre intermediates, plastics and polyester plants. Jamnagar Manufacturing Division located in Jamnagar, Gujarat, is spread over 7,400 acres. It comprises of a petroleum refinery and associated petrochemical plants. The refinery is equipped to refine various types of crude oil (sour crude, sweet crude or a mixture of both) and manufactures various grades of fuel from motor gasoline to Aviation Turbine Fuel (ATF). The petrochemicals plants produces plastics and fibre intermediates. Kurkumbh Manufacturing Division located near Pune, Maharashtra, is spread over 34 acres. It manufactures fibre intermediates. Nagothane Manufacturing Division located in Raigad, Maharashtra, is spread over 1,860 acres. It comprises of an ethane and propane gas cracker and five downstream plants for the manufacture of polymers, fibre intermediates and chemicals. Nagpur Manufacturing Division located in Nagpur, Maharashtra, is spread over 368 acres. It manufactures polyester filament yarn, dope-dyed specialty products of different ranges, fully drawn yarn and polyester chips. Naroda Manufacturing Division located near Ahmedabad, Gujarat, is RILs first manufacturing facility and is spread over 150 acres. This synthetic textiles and fabrics manufacturing facility manufactures and markets woven and knitted fabrics for home textiles, synthetic and worsted suiting and shirting, ready to wear garments and automotive fabrics. Patalganga Manufacturing Division located near Mumbai, Maharashtra, is spread over 200 acres. It comprises of polyester, fibre intermediates and linear alklyl benzene manufacturing plants. Silvassa Manufacturing Division located in the Union Territory of Dadra and Nagar Haveli, is spread over 127 acres. It manufactures a wide range of specialty products such as Recron Stretch, Linen Like, Melange, Thick-n-thin and Bishrinkage yarns. Vadodara Manufacturing Division located in Vadodara, Gujarat, is spread over 1,263 acres. It comprises of a Naptha cracker and 15 downstream plants for the manufacture of polymers, fibres, fibre intermediates and chemicals. The company works under different business segments:

Exploration and Production Petroleum Refining and Marketing Petrochemicals Textiles Retail

Products and brands offered by the company:

Crude oil and natural gas LPG Propylene Naphtha Gasoline Jet/Aviation Turbine Fuel Superior Kerosene Oil High Speed Diesel Sulphur Petroleum Coke Polypropylene High Density Polyethylene Low Density Polyethylene Linear Low Density Polyethylene Polyvinyl Chloride Poly Olefin Suitings ,Shirtings,Readymade Garments Furnishing fabrics Day curtains Automotive upholstery Suitings Ready-to-stitch Take away fabric Fleet management services Highway hospitality services Vehicle care services Linear Alkyl Benzene Paraxylene Purified Terephthalic Acid Mono Ethylene Glycol Staple Fibre Filament Yarn Texturised yarn Twisted yarn Moisture management yarn Quality certified sleep products Polyethylene terephthalate

Subsidiaries:

Reliance Petroleum Limited Reliance Netherlands B.V. Reliance Retail Limited Reliance Jamnagar Infrastructure Limited Reliance Haryana SEZ Limited Reliance Industrial Investment and Holdings Limited Reliance Ventures Limited Reliance Strategic Investments Limited Reliance Exploration and Production DMCC Reliance Industries (Middle East) DMCC Reliance Global Management Services Limited Reliance Commercial Associates Limited

RIL (Australia) Pty Ltd Recron (Malaysia) Sdn Bhd Gulf African Petroleum Corporation (Mauritius) GAPCO Tanzania Limited GAPOil Tanzania Limited GAPCO Kenya Limited Transenergy Kenya Limited GAPCO Uganda Limited GAPCO Rwanda Sarl GAPOil (Zanzibar) Limited Reliance Fresh Limited Retail Concepts and Services (India) Limited Reliance Retail Insurance Broking Limited Reliance Dairy Foods Limited Reliance Retail Finance Limited RESQ Limited Reliancedigital Retail Limited Reliance Financial Distribution and Advisory Services Limited Reliance Hypermart Limited Reliance Retail Travel & Forex Services Limited Reliance Brands Limited Reliance Wellness Limited Reliance Footprint Limited Reliance Integrated Agri Solutions Limited Reliance Trends Limited Reliance Lifestyle Holdings Limited Reliance Universal Ventures Limited Reliance Autozone Limited Strategic Manpower Solutions Limited Reliance Gems and Jewels Limited Delight Proteins Limited Reliance F&B Services Limited Reliance Agri Products Distribution Limited Reliance Leisures Limited Reliance Retail Securities and Broking Company Limited Reliance Home Store Limited Reliance Trade Services Centre Limited Reliance Food Processing Solutions Limited Reliance Supply Chain Solutions Limited Reliance Loyalty and Analylitics Limited Reliance Digital Media Limited Reliance-GrandOptical Private Limited Reliance Vantage Retail Limited Reliance People Serve Limited Reliance Infrastructure Management Services Limited Reliance International Exploration and Production, Inc Reliance Petroinvestments Limited Reliance Universal Commercial Limited Reliance Global Commercial Limited Wave Land Developers Limited Reliance Cyprus Limited Reliance Global Business B.V. Reliance Global Energy Services Limited Reliance Gas Corporation Limited

Reliance Global Energy Services (Singapore) Pte. Ltd Reliance Polymers (India) Limited Reliance Polyolefins Private Limited Reliance Aromatics & Petrochemicals Private Limited Reliance Energy and Project Development Private Limited Reliance Chemicals Private Limited Reliance Universal Enterprises Private Limited Reliance One Enterprises Limited Reliance Personal Electronics Limited International Oil Trading Limited Reliance Review Cinema Private Limited Reliance Replay Gaming Private Limited Reliance Nutritional Food Processors Private Limited Reliance Commercial Land & Infrastructure Private Limited Reliance Eminent Trading & Commercial Private Limited Reliance Progressive Traders Private Limited Reliance Prolific Traders Private Limited Reliance Universal Traders Private Limited Reliance Prolific Commercial Private Limited Reliance Comtrade Private Limited Reliance Ambit Trade Private Limited Reliance Corporate IT Park Limited Reliance Petro Marketing Private Limited LPG Infrastructure (India) Private Limited Reliance Infosolution Private Limited RIL USA Inc.

Financial Milestones 2008 - Revenue crossed Rs. 130,000 crore mark (Rs. 139,269 crore, US$ 34.7 billion), Net Profit crossed Rs. 15,000 crore mark (Rs. 19,458 crore, US$ 4.9 billion) and Total Assets crossed Rs. 140,000 crore mark (Rs. 149,839crore, US$ 37.3 billion), unparalleled in the Indian Private sector. Exports crossed Rs. 80,000 crore mark (Rs. 83,492 crore, US$ 20.8 billion), 13.4% of India's total exports. RIL declares Dividend of 130%. Payout of Rs 1,631 Crore, highest in the Indian Private Sector. 2007 - Revenue crossed Rs. 100,000 crore mark (Rs. 118,354 crore, US$ 27 billion), Net Profit crossed Rs. 10,000 crore mark (Rs. 11,943 crore, US$ 2.75 billion) and Total Assets crossed Rs. 100,000 crore mark (Rs. 117,353 crore, US$ 27 billion), unparalleled in the Indian Private sector. Exports crossed Rs. 60,000 crore mark (Rs. 66,627 crore, US$ 15 billion), 12% of India's total exports. RIL declares Dividend of 110%. Payout of Rs 1,440 Crore, highest in the Indian Private Sector. 2006 - RIL places $300 million in US Private Placement Market. First ever Indian company to raise money through this route. RIL declares Dividend of 100%. Payout of Rs 1,393 Crore, Highest In Private Sector. RPL a subsidary of RIL completes its US$ 1.2 billion Initial Public Offering of equity shares with an overwhelming response across different classes of investors. Chevron to Purchase 5 % Stake in RPL for USD 300 Million. Option to Increase Stake to 29 %.

2005 - Launches US $ 348 Million Syndicated Term Loan Facility. Aims To Replace Existing High Cost Loans. Reliance Successfully Closes US$ 350 Million Multi Currency Term Loan. 2004 - Reliance signs EUR 116.2 million Export Credit Agency (ECA) backed Buyer's Credit Facility provided by Deutsche Bank. RIL avails an ECA cover for the first time in 22 years. Reliance emerges as India's Greenest private sector company amongst the private sector with an overall rank of number two in a BT - ACNielsen ORG-MARG survey of shareholder perception published in Business Today's October issue. Reliance Industries concludes re-pricing of USD 687.50 million Syndicated Term Loan facilities. Reliance Group emerges as India's Largest Wealth Creator in the private sector for the Year 2003-04. 2003 - RIL - First Indian private sector company to record net profit of over Rs 4,000 crore in one financial year. 2002 - RIL - First Indian private sector company to record Net Profit of over Rs. 1,000 crores in one quarter. Reliance among ten most creditworthy companies in Asia. Reliance Completes Acquisition of IPCL. 2001 - RPL raises USD 750 million syndicated loan - deal named capital market deal of the year by IFR Asia. Group revenues cross Rs. 60,000 crore (Rs. 60,160 crores), Reliance becomes largest business group in India. RIL and RPL become India's two largest companies in terms of all major financial parameters. 2000 - Group profits cross Rs. 2,500 crore mark, Revenues cross Rs. 20,000 crore mark (Rs. 21,541 crores) and Total assets cross Rs. 50,000 crore (Rs. 52,094 crores). 1998 - Total Assets cross Rs. 35,000 crore (Rs. 35,445 crore) and Revenues cross Rs. 14,000 crore (Rs. 14,115 crore). 1997 - First corporate in Asia to issue 50 and 100 years bond in US debt market. 1996 - Reliance became the first private sector company to be rated by international credit rating agencies. S&P rated BB+, stable outlook, constrained by the Sovereign Ceiling. Moody's rated Baa3, Investment grade, constrained by the Sovereign Ceilings. Net profit crossed the Rs.1,000 crore mark (Rs 1,065 crores or US$ 338 million), unparalleled in the Indian Private sector. 1994 - Offered the second Euro issue of GDR. 1993 - India's largest public offering - Reliance Petroleum Issue. Offered the first Euro Convertible bond issue 1992 - Set a record with Reliance Twin issues that received over 1 million investor applications. Offered the first ever Euro Issue of Global Depository Receipts by an Indian company 1991 - Reliance commissioned phase-I of Hazira Petrochemicals Complex - consolidated its position in polyesters and entered into attractive polymers business - started VCM and PVC plants.

1988 - Sales cross Rs. 1,000 crores mark (Sales for the year Rs. 1,778 crores). 1987 - Reliance commenced the Linear Alkyl Benzene (LAB) plant at Patalganga. 1986 - Reliance started PTA plant at Patalganga. Reliance commissioned Polyester Staple Fibre (PSF) plant at Patalganga. 1985 - Total Assets cross Rs. 1,000 crores. 1977 - First IPO to the Indian Public. Achievements/ recognition: Corporate Ranking and Ratings:

Reliance featured in the Fortune Global 500 list of Worlds Largest Corporations for the fourth consecutive year. Ranked 269th in 2007 having moved up 73 places from the previous year. Featured as one of the worlds Top 200 companies in terms of Profits. Among the top 25 climbers for two years in a row. Featured among top 50 companies with the biggest increase in Revenues. Ranked 26th within the refining industry. Reliance is ranked 182nd in the FT Global 500 (up from previous years 284th rank). PetroFed, an apex hydrocarbon industry association, conferred the PetroFed 2007 awards in the categories of Refinery of the Year and Exploration & Production - Company of the Year. Brand Reliance was conferred the Bronze Award at The Buzziest Brands Awards 2008, organized by agencyfaqs! Institute of Economic Studies conferred the Udyog Ratna award in October 2007 for contributions to the industry. Chemtech Foundation conferred the Hall of Fame in February 2008 for sterling contributions to the industry. Chemtech Foundation conferred the Outstanding Achievement - Oil Refining for work at the Jamnagar Manufacturing Division. Petroleum Federation of India conferred the Refinery of the Year Award - 2007 to Jamnagar Manufacturing Division

Exports :

The Plastics Export Promotion Council - PLEXCOUNCIL Export Award in the category of Plastic Polymers for the year 2006-2007 was awarded to Reliance being the largest exporter in this category.

Health, Safety and Environment

Jamnagar Manufacturing Division was conferred the Golden Peacock Award for Occupational Health & Safety 2007 by Institute of Directors. Jamnagar Manufacturing Division was conferred the ICC Award for Water Resource Management in Chemical Industry. Jamnagar Manufacturing Division was conferred the Good House Keeping Award from Baroda Productivity Council. Jamnagar Manufacturing Division was conferred the BEL-IND Award for the best scientific paper at the 58th National Conference of Occupational Health. Naroda Manufacturing Division was conferred the Safety Award and Certificate of Appreciation presented by Gujarat Safety Council & Directorate of Industrial Safety & Health, Gujarat State for the recognition of safety performance at the 29th State Level Annual Safety Conference. Dahej Manufacturing Division received BSC 5-Star rating from British Safety Council, UK. Dhenkanal Manufacturing Division received the 2nd Prize for Longest Accident Free Period from the Honble Minister of Labour, State of Orissa. Hoshiarpur Manufacturing Division bagged the First Prize in Safety in Punjab, organized by Punjab Safety

Council. Patalganga Manufacturing Division won the Gold Medal at CASHe (Change Agents for Safety, Health and Environment) Conference. It also won the III Prize in Process. Management category for Presentation on Safety through Design in chemical process industry in Petrosafe 2007 Conference. Kurkumbh Manufacturing Division won the Greentech Safety Award silver trophy for outstanding achievement in safety management in chemical sector. Hazira Manufacturing Division received the TERI Corporate Environmental Award (Certificate of Appreciation) for PET recycling project. Nagothane Manufacturing Division received the Shrishti G-Cube Award for Good Green Governance from Minister for Commerce and Industry, on World Earth Day.

Training and Development :

Jamnagar Refinery was adjudged the winner of the Golden Peacock National Training Award -2007. Patalganga Manufacturing Division won the ASTD (American Society for Training & Development) Excellence in Practice Award for innovative practice titled Learning Functions role as Business partner: Empowering people with Knowledge to achieve Business Goals. Reliance won the CNBC TV-18 instituted Jobstreet.com Jobseekers Employer of Choice Award.

Energy Excellence :

Exploration & Production (E&P) Division won The Infraline Energy Excellence Awards 2007: Hydrocarbon Columbus Award for Excellence in Petroleum Exploration. Patalganga Manufacturing Division won the First Prize in Energy Conservation in State of Maharashtra organized by Maharashtra Energy Development Agency (MEDA). Jamnagar Manufacturing Division won the Oil & Gas Conservation Award -2007 from the Centre for High Technology, Ministry of Power & Natural Gas for the excellent performance in reduction/elimination of steam leaks in the plant. Jamnagar Manufacturing Division was the recipient of the Infraline Energy Award-2007 by Ministry of Power. Hazira Manufacturing Division won the Government of India Energy Conservation Award (2007) conferred by the Bureau of energy efficiency and Ministry of Power. Hazira Manufacturing Division was adjudged Excellent Energy Efficient Unit at Energy Summit - 2007 by CII. Vadodara Manufacturing Division received the CII award for Excellence in Energy Management - 2007 as energy efficient unit. This division also received the 2nd prize in National Energy Conservation Award - 2007 from Bureau of Energy efficiency, Ministry of Power, Government of India. The Companys manufacturing divisions at Vadodara and Hazira were honoured with CII-National award for excellence in water management - 2007 as water efficient unit in Within the fence category. Additionally, Hazira Manufacturing Division was honoured as water efficient unit Beyond the Fence category.

Quality :

For the first time ever, globally, a petrochemical company bagged the Deming Prize for Management Quality. The Quality Control Award for Operations Business Unit 2007 was awarded to the Hazira Manufacturing Division for Outstanding Performance by Practicing Total Quality Management. QUALTECH PRIZE 2007, which recognizes extraordinary results in improvement and innovation, was won by Hazira Manufacturing Division for its Small Group Activity Project. Vadodara Manufacturing Divisions Polypropylene-IV (PP-IV) plant was conferred the Spheripol Process Operability Award-2006 for the highest operability rate with an on stream factor 98.97% by M/s. BASELL, Italy. Allahabad Manufacturing Division won the Excellent Category Award at National Convention of Quality Circle (NCQC) - 07.

Six-Sigma :

Lean Six sigma project on Reducing retention time of caustic soda lye tankers at Jamnagar won the 1st prize in the national level competition held by Indian Statistical Institute (ISI). Patalganga Manufacturing Divisions Six Sigma Project on Improve Transfer Efficiency for Automatic winders in PFY won the 2nd Prize for Best design for Six Sigma Project in International Six Sigma Competition organized by

IQPC (International Quality and Productivity center). Barabanki Manufacturing Division won the 3rd prize in All India Six Sigma case study contest 2008 for the Case study on Reduction of waste of Plant 2 from 16% to 8%. Hoshiarpur Manufacturing Division won the 2nd prize in Six Sigma competition at National Level organized by ISI and Quality Council of India (in manufacturing category), while Dhenkanal and Barabanki Manufacturing Divisions won the 3rd prize. Vadodara Manufacturing Divisions Six Sigma project won the 1st prize as the Best Six Sigma project at National level by CII.

Technology, R&D and Innovation:

Vadodra Manufacturing Divisions R&D bagged an award from Indian Institute of Chemical Engineers for Excellence in Process / Product Development for the work on Eco friendly Process for Acetonitrile Recovery. DSIR National Award for R&D Efforts in Industry (2007) was conferred on Hazira Manufacturing Division for the Cyclehexane Recovery Project. Patalganga Manufacturing Divisions Project titled Augmentation of ETP and use of biogas in Fired heaters won the Best Innovative Project from CII. Reliance bagged the Innovation Award at Tech Converge 2007 for innovative developments in short-cut fibres. Hazira Manufacturing Division won the Golden Peacock Innovation Award - 2007 for its Cyclohexane Recovery Process.

Information Technology :

CIO of the Year Award for the best IT-enabled organization in India for the Year 2007. Ones to Watch - CIO - USA Award, for figuring among the top 20 organizations fostering excellence in IT team. The Skoch Challenger Award conferred for the best IT Head (managing the most IT enabled organization) of the Year 2007. Best IT Implementation Award, by PC Quest for Knowledge Management Systems portal (KMS). CIO Excellence Award for Chemical Industry Information Technology Forum for exemplary Information Technology implementation amongst global chemical companies. CTO Forum Hall of Fame Award for the best CIOs in India for not only providing service to their organisations, but also serving as idols.

Social Initiatives :

Hazira Manufacturing Division won the Golden Peacock Global Award for Corporate Social Responsibility 2008. Name Mukesh D Ambani Mukesh D Ambani K Sethuraman Nikhil R Meswani Hital R Meswani P M S Prasad Pawan Kumar Kapil Ramniklal H Ambani Mansingh L Bhakta Yogendra P Trivedi Designation Chairman Managing Director Company Secretary Executive Director Executive Director Executive Director Executive Director Non Executive Director Non Executive Director Non Executive Director

S.No 1 3 2 4 5 6 7 8 9 10

11 12 13 14 15 16

Dharam Vir Kapur Mahesh P Modi Ashok Misra Dipak C Jain Raghunath A Mashelkar K Sethuraman

Non Executive Director Non Executive Director Non Executive Director Non Executive Director Non Executive Director Compliance Officer

Company Reliance Industries Indian Oil Corp. Reliance Petroleum BPCL HPCL MRPL Essar Oil Chennai Petrol. Corp Bongaigaon Refinery

Sales (Rs.Million) 2481700.00 3272358.70 0.00 1515450.60 1348084.80 389566.73 479053.30 331807.17 60298.22

Current Price 864.00 306.10 130.85 652.20 348.50 65.20 82.15 201.35 45.70

Change (%) 2.03 -0.39 0.00 -0.38 -0.29 0.23 3.72 0.00 0.00

P/E Ratio 13.14 10.49 700.98 33.68 34.50 8.63 9.07 5.86 0.00

Market Cap.(Rs.Million) 2773021.16 746109.80 588825.00 236701.63 118350.22 114006.55 108160.83 29983.31 9131.68

52-Week High/Low 1187/714 435/290 132/128 785/530 523/307 90/55 161/73 258/184 46/45