Reliance Industries Limited (RIL) on Friday said its subsidiary Reliance Industrial Investments and Holdings Limited (RIIHL) has incorporated a company in Estonia.
"This is to inform that Reliance Industrial Investments and Holdings Limited (RIIHL), a wholly owned subsidiary of the company, has incorporated a company 'Jio Estonia OU' in Estonia, on November 22.
The entire paid - up share capital of Jio Estonia OU is held by RIIHL, " RIL said in a regulatory statement.
"Jio Estonia OU proposes to engage in the activity of software development and providing consultancy for existing and future technology initiatives pursued by the company and its subsidiaries, " the statement added.
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