Reliance hits new 52-week high, jumps 5%

Reliance Industries' stock surges to a new 52-week high

Board sets record date for equity shares allotment in demerger scheme

Reliance Strategic Investments Ltd (RSIL) to be renamed Jio Financial Services Ltd (JFSL)

Shareholders entitled to receive new equity shares of RSIL

One RSIL equity share for every RIL equity share held

Allotment ratio

Appointment of Hitesh Kumar Sethia as MD & CEO of RSIL

Term of appointment: Three years

Approval required from members of RSIL and the Reserve Bank of India

Market capitalization of Reliance Industries as India's most valued firm

Reliance Industries' stock outperforms Nifty50 and Sensex during the session