
Business Update8 Mar 2025, 02:39 am
Reliance Industries' President, Planning & Strategy, Harish D Shah, Announces Trading Plan for Company's Shares
AI Summary
Reliance Industries Ltd. has notified a trading plan formulated by its President, Planning & Strategy, Harish D Shah. The plan, which includes buying, selling, gifting, or pledging the company's equity shares, has been approved by the company's Compliance Officer. Shah has confirmed that the trades will not be executed during the cool-off period and will not be used for market abuse. The plan is irrevocable and will mandatorily implement the trades as contemplated, with no deviations except as provided in the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. Shah is aware of and understands his obligations under the Code and the Regulations.
Key Highlights
- Harish D Shah, President, Planning & Strategy of Reliance Industries, formulates a trading plan
- Trading plan includes buying, selling, gifting, or pledging the company's equity shares
- Trading plan approved by the company's Compliance Officer
- Trades will not be executed during the cool-off period and will not be used for market abuse
- Trading plan is irrevocable and will mandatorily implement the trades as contemplated