Farm Enterprises Limited was a leading agribusiness company in India, while Reliance Industries Limited was a multinational conglomerate company with a significant presence across various industries in India. The merger between the two companies resulted in the Cancellation of Farm Enterprises Limited shares and the consolidation of the businesses under the Reliance Industries Limited umbrella.
Farm Enterprises Limited (FEL) was also known as Reliance Enterprises Limited, It was a leading agribusiness company in India that specializes in farming, procurement, processing, and marketing of agri-products. The company was established with the aim of modernizing Indian agriculture and improving the livelihoods of farmers.
Reliance Industries Limited (RIL) is an Indian multinational conglomerate company headquartered in Mumbai. The company is engaged in various businesses including refining, petrochemicals, retail, and telecommunications. Reliance Industries Limited is one of the largest companies in India and is considered to be a leader in several industries.
Farm Enterprises Limited was incorporated in India on December 22nd, 1986. The company has its headquarters in Mumbai and has several branches and offices across the country.
Reliance Industries Limited was incorporated in India on May 8th, 1973. The company is headquartered in Mumbai and has a significant presence across the country.
Farm Enterprises Limited Shares were Cancelled after the merger with Reliance Industries Limited. Following the merger, the shareholders of Farm Enterprises Limited received One Share of Reliance Industries in lieu of One Share of Farm Enterprises. The record date for the same was April 15, 2016.
Reliance Industries Limited is a publicly traded company and its shares are listed on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The shares of Reliance Industries Limited are widely held by individuals, institutions, and foreign investors.