'Demerger buoyed RIL m-cap by Rs 55,000 cr'

Anil Ambani on Wednesday said the demerger has helped the market capitalisation of Reliance Industries to grow by Rs 55,000 crore.

"I am delighted that the demerger has unlocked unprecedented value for more than 23 lakh Reliance shareholders," he said in a media statement.

Reliance Industries' market capitalisation has increased over 50 per cent over the last seven months from the announcement of demerger, outperforming the Sensex by nearly 20 per cent, he added.

Ambani said that the Reliance shareholders would further benefit from the shares they would receive in the four resulting companies: Reliance Energy Ventures, Reliance Capital Ventures, Reliance Natural Resources and Reliance Capital Ventures.