RIL shares: Since 6.1 per cent of treasury shares in RIL is being transferred to the demerged entity, the corporate event will impact Reliance Industries shares, which will be visible on the counter on Thursday morning.
Reliance Industries financial arm, Jio Financial Services, will be demerged and listed separately on NSE and BSE. Here is a primer on the process that will be followed in the demerger - how will price discovery happen, why the special pre-open session, what will happen to the RIL shares, etc.
The company has launched a pilot project in consumer durables at select Reliance Digital outlets before a full-fledged launch of Jio Financial Services later this year.