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Reliance, Meta Seal Rs 853 Cr AI Deal, Meta Takes 30% Stake in REIL

Reliance Industries has restructured its subsidiary Reliance Enterprise Intelligence Limited (REIL) through a major share allotment worth Rs 853.20 crore. Meta Platforms, through its subsidiary Facebook Overseas, has acquired a 30% stake in REIL for Rs 256.60 crore, making it a strategic minority partner. The transaction transforms REIL from a wholly-owned step-down subsidiary into a joint venture, with Reliance retaining 70% ownership. The company confirmed all necessary approvals are in place and that the deal with Meta is not a related party transaction.

Key Points: Reliance-Meta AI Deal: Meta Buys 30% Stake for Rs 853 Crore

  • Rs 853.20 crore share allotment
  • Meta's subsidiary gets 30% stake
  • REIL is now a joint venture
  • Deal finalized after months of planning
2 min read

Reliance Industries restructures REIL, Meta arm buys 30 pc stake in Rs 853 crore deal

Reliance Industries restructures its AI arm REIL, with Meta Platforms acquiring a 30% stake in a Rs 853.20 crore strategic partnership deal.

"REIL has ceased to be a step-down wholly owned subsidiary of Reliance Industries - Company Disclosure"

New Delhi, Feb 25

Reliance Industries Limited on Wednesday announced a major change in the ownership structure of its step-down subsidiary, Reliance Enterprise Intelligence Limited, after completing a large share allotment worth Rs 853.20 crore.

The development comes after REIL issued 85,31,75,000 equity shares with a face value of Rs 10 each at par.

The total transaction value stands at Rs 853.20 crore and marks a strategic partnership between Reliance and global tech giant Meta Platforms, Inc., through its subsidiary.

As part of the allotment, 59,66,22,500 shares worth Rs 596.60 crore were allotted to Reliance Intelligence Limited, a wholly owned subsidiary of Reliance Industries.

Meanwhile, 25,65,52,500 shares worth Rs 256.60 crore were allotted to Facebook Overseas, Inc., which is a wholly owned subsidiary of Meta Platforms.

Following the share allotment, Reliance Intelligence Limited now holds a 70 per cent stake in REIL, while Facebook Overseas owns the remaining 30 per cent.

With this transaction, REIL has ceased to be a step-down wholly owned subsidiary of Reliance Industries and will now function as a step-down subsidiary with Meta Platforms as a minority partner.

The company said all necessary approvals for the investment have been obtained. It clarified that the transaction between REIL and Facebook Overseas is not a related party transaction.

However, the allotment to Reliance Intelligence Limited qualifies as a related party transaction, though it has been carried out on an arm's length basis.

Reliance Industries also confirmed that none of its promoters, promoter group, or group companies have any interest in this transaction.

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company noted that this move follows earlier disclosures made on August 29, 2025, September 10, 2025, and October 25, 2025, indicating that the partnership has been in the works for several months.

Reliance Industries said it received the formal intimation regarding the allotment on February 25, 2026, at 6:40 p.m. IST. The disclosure was signed by Company Secretary and Compliance Officer Savithri Parekh.

- IANS

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Reader Comments

P
Priya S
Rs 853 crore deal! These numbers are mind-boggling for a common person. Hope this partnership creates more job opportunities in AI and data analytics for Indian engineers. Reliance always seems to be thinking ahead.
R
Rohit P
While I appreciate the business acumen, I'm a bit concerned about data privacy. Meta has had its share of controversies globally. I hope Reliance ensures that Indian user data is protected with the highest standards and doesn't just become a revenue stream for foreign companies.
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Sarah B
Interesting to see such a detailed regulatory disclosure. The fact that it's not a related party transaction with Meta but is with their own subsidiary shows they're following SEBI rules properly. Good corporate governance is crucial for investor confidence.
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Vikram M
This has been in the works since last year according to the disclosures. Shows how long these big deals take to finalize. 70-30 stake means Reliance still has control, which is good. Jio and Meta already work together, so this deepens that relationship.
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Kavya N
As a small investor, I'm always watching Reliance's moves. They're restructuring so many subsidiaries lately. Makes me wonder if REIL will be a separate listed entity someday? That could be interesting for retail investors like us.

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