Shri Dhirubhai H. Ambani
Dear and Esteemed Fellow Shareowners,
At the outset, it is my pleasant duty to inform you that recently, your Company has successfully completed the Rights Issue of `53,124 crore. It was oversubscribed 1.59 times, cumulating to an overall commitment of over `84,000 crore. With feelings of pride and humility, I would like to let you know that this was the largest Rights Issue in the last 10 years globally by a non-financial institution, and the largest ever in India. Your Company thus created a new landmark in the history of India’s capital market.
Mukesh D. Ambani
Chairman and Managing Director
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