Reliance Industries Ltd has clarified in reference to the email communications received from the Exchanges today, seeking clarification on the media report, 'Reliance Jio, Airtel, Vodafone-Idea in dock over hefty fine slapped by TRAI' appearing in DNA publication on September 10, 2018.
Reliance Jio Infocomm Limited, a subsidiary of the Company, has received communication from the Telecom Regulatory Authority of India regarding payment of financial disincentive of Rs. 34 lakhs for not meeting certain call centre service parameters. Reliance Jio will take necessary action after obtaining requisite clarification from TRAI.
The report is misleading by use of words 'hefty fine'.
Shares of RELIANCE INDUSTRIES LTD. was last trading in BSE at Rs.1238.45 as compared to the previous close of Rs. 1257.15. The total number of shares traded during the day was 366025 in over 9979 trades.
The stock hit an intraday high of Rs. 1267.75 and intraday low of 1235. The net turnover during the day was Rs. 458590789.