Reliance Industries : Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 – Investment in each of the five Indian wholly-owned subsidiaries of Mercury Holdings SG Pte. Ltd., (held through Mercury India SG FDI Pte. Ltd.) which is a joint venture between Brookfield Infrastructure and Digital Realty

July 24, 2023
BSE Limited	National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers,	Exchange Plaza, Plot No. C/1, G Block,
Dalal Street,	Bandra - Kurla Complex, Bandra (East),
Mumbai 400 001	Mumbai 400 051
Scrip Code: 500325	Trading Symbol: RELIANCE
Dear Sirs,

Sub.: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Investment in each of the five Indian wholly-owned subsidiaries of Mercury Holdings SG Pte. Ltd., (held through Mercury India SG FDI Pte. Ltd.) which is a joint venture between Brookfield Infrastructure and Digital Realty

Mercury Holdings SG Pte. Ltd. (Mercury Holdings) is a 50:50 joint venture between Brookfield Infrastructure and Digital Realty for development and operations of high-quality, scalable data centres in India through SPVs. Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality,long-life infrastructure assets and Digital Realty is the largest provider of cloud and carrier-neutral data center, colocation and interconnection solutions globally.

Mercury Holdings, through its wholly-owned subsidiary in Singapore, namely, Mercury India SG FDI Pte. Ltd. holds 100% of the following five Indian companies:

1. BAM DLR Data Center Services Pvt. Ltd.;
2. BAM DLR Chennai Pvt. Ltd.;
3. BAM DLR Kolkata Pvt. Ltd.;
4. BAM DLR Mumbai Pvt. Ltd.; and
5. BAM DLR Network Services Pvt. Ltd.

(collectively Indian SPVs)

The Company has today, at 07:05 p.m. (IST), entered into an agreement with (i) Mercury Holdings; (ii) Mercury India SG FDI Pte. Ltd.; and (iii) each of the Indian SPVs for investing an aggregate amount of Rs.378 crore, as per details given below:

Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India

Phone #: [phone], Telefax: [phone]. E-mail: [e-mail], Website: www.ril.com

CIN- L17110MH1973PLC019786

Name of the	Date of	Details of business and	Investment	Investment
Company	Incorporation	turnover		Proposed	Proposed
				(Rs. crore) -	(Rs. crore)
				33.33% equity	- NCDs
				in each
BAM DLR	September 25,	Business is to	provide	8.9	0.0
Data Center	2021	management	and
Services Pvt.		business support services
Ltd.		to other Indian SPVs.
		Turnover for FY 2021-22
		and FY 2022-23 was
		Rs.1,50,48,000	and
		Rs.15,74,43,000,
		respectively
BAM DLR	September 25,	Business is to develop	209.0	40.4
Chennai Pvt.	2021	data centers and provide
Ltd.		data center services.
		Turnover for FY 2021-22
		and FY 2022-23 was 0.
BAM DLR	July 18, 2022	Business is to develop	0.2	0.0
Kolkata Pvt.		data centers and provide
Ltd.		data center services.
		Turnover for FY 2022-23
		was 0.
BAM DLR	November 9,	Business is to develop	119.3	0.0
Mumbai Pvt.	2022	data centers and provide
Ltd.		data center services.
		Turnover for FY 2022-23
		was 0.
BAM DLR	March 25,	Business is to provide	0.5	0.0
Network	2022	network services to the
Services Pvt.		customers of data centers
Ltd.		owned and operated by
		Mercury Holdings in India.
		Turnover for FY 2021-22
		and FY 2022-23 was 0.

The Company has also committed to invest further amounts in equity and debt securities of the Indian SPVs and any other new SPV that may be set up by Mercury India SG FDI Pte. Ltd. upto an amount not exceeding Rs. 622 crore, as and when calls are made.

Regd. Office: 3rd Floor, Maker Chambers IV, 222, Nariman Point, Mumbai- 400 021, India

Phone #: [phone], Telefax: [phone]. E-mail: [e-mail], Website: www.ril.com

CIN- L17110MH1973PLC019786

The objects and impact of the aforesaid investment are explained in the press release dated July 24, 2023, already filed by the Company on the subject.

The investment does not fall within related party transactions and none of the Company's promoter / promoter group / group companies have any interest in the above entities.

The transaction is subject to certain regulatory approvals and customary closing conditions and is expected to be completed in around 3 months.

Kindly take the aforesaid on record.

Thanking you,

Yours faithfully,

For Reliance Industries Limited

SAVITHRI PAREKH

Digitally signed by SAVITHRI PAREKH

Date: 2023.07.24 20:11:16 +05'30'

Savithri Parekh

Company Secretary and Compliance Officer

Copy to:
The 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 #: [phone], Telefax: [phone]. E-mail: [e-mail], Website: www.ril.com

CIN- L17110MH1973PLC019786