Reliance Industries Subsidiary Reliance Intelligence and Meta Form JV to Launch Enterprise AI Services

Reliance Industries Limited (RIL) announced that its wholly owned subsidiary, Reliance Intelligence Limited, has incorporated a new entity, Reliance Enterprise Intelligence Limited (REIL), to drive enterprise AI solutions in partnership with Meta Platforms’ subsidiary, Facebook Overseas Inc.

Reliance and Meta Join Forces for AI Innovation

According to the company’s disclosure, REIL was incorporated in India on October 24, 2025, as a wholly owned subsidiary of Reliance Intelligence. The entity will become a joint venture under an amended and restated joint venture agreement with Facebook Overseas Inc., a subsidiary of Meta Platforms Inc. The collaboration aims to develop, market, and distribute enterprise-grade artificial intelligence services to help businesses leverage emerging digital technologies.

Under the agreement, Reliance Intelligence will hold a 70% stake in REIL, while Facebook will own the remaining 30%. Both companies have jointly committed an initial investment of approximately ₹855 crore to fund the venture’s establishment and early operations.

Initial Investment and Ownership Structure

Reliance Intelligence has invested ₹2 crore towards the initial subscription of 20,00,000 equity shares valued at ₹10 each. The joint venture structure is designed to combine Reliance’s technological reach and business infrastructure with Meta’s advanced AI and data capabilities to deliver enterprise-focused solutions across sectors.

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Regulatory and Transaction Details

The company clarified that the formation of REIL does not fall within the scope of related party transactions and that none of the promoters or group companies of Reliance Industries have any direct interest in it. No governmental or regulatory approvals were required for its incorporation. Reliance Intelligence received formal intimation regarding the incorporation at 1:19 p.m. (IST) on October 24, 2025.

Reliance Industries Share Price Performance

On October 27, 2025, Reliance Industries share price opened at ₹1,463.00 on NSE, above the previous close of ₹1,451.60. During the day, it surged to ₹1,476.70 and dipped to ₹1,458.00. The stock is trading at ₹1,475.50 as of 9:39 AM. The stock registered a moderate gain of 1.65%.

Over the past week, it has moved up by 0.59%, over the past month, it has moved up by 7.51%, and over the past 3 months, it has moved up by 6.76%.

Conclusion

The creation of Reliance Enterprise Intelligence Limited marks a significant step in Reliance’s growing focus on AI and digital technologies. By joining forces with Meta, the venture is expected to accelerate the development of enterprise AI solutions in India, supporting digital transformation initiatives across multiple industries.

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