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RELIANCE INDUSTRIES LTD. - Clarification from Reliance Industries Ltd
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26 Sep 2014
The Exchange had sought further clarification from the Reliance Industries Ltd with respect to the media reports titled &quot;Reliance Inds Dials Korea Exim for $800m to fund Telecom Gear Deal&quot; appearing in Economic Times on September 24, 2014.&lt;br/&gt;&lt;br/&gt;Reliance Industries Ltd has replied BSE as under:&lt;br/&gt;&lt;br/&gt;&quot;Reliance Jio Infocomm Limited (RJIL) a subsidiary of Reliance Industries Limited (RIL) has signed a US$750 million loan backed by Korea Exim Bank on late night of September 24. 2014. The loan is guaranteed by RIL and will be primarily used to finance goods and services procured from Samsung Electronics for the infrastructure rollout of RJIL.&quot;
View all announcements for RELIANCE INDUSTRIES LTD. Source: BSE India