Reliance Industries’ (RIL) wholly owned subsidiary — Reliance Industrial Investments and Holdings (RIIHL) has incorporated wholly owned subsidiary company namely, ‘Jio Estonia OU’ in Estonia, on November 22, 2018. Entire paid up share capital of Jio Estonia OU is held by RIIHL.
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.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.