Reliance Industries (RIL) shares fell on Thursday after it announced mutual and amicable separation in the agreement for strategic partnership between Reliance Ventures (RVL), a wholly owned subsidiary of the company and Infrastructure Leasing and Financial Services (IL&FS) to co-promote the Model Economic Township (MET) project of Reliance Haryana SEZ (RHSL).

The Model Economic Township project is being developed by RHSL, a wholly owned subsidiary of RVL, in the Industrial Model Township framework. IL&FS became a strategic partner in this project in January 2011.

Shares of the company are trading at Rs 1,020, down Rs 10.95, or 1.06% at the Bombay Stock Exchange (BSE) on Thursday at 10:53 a.m.

The scrip has touched an intra-day high of Rs 1,033.55 and low of Rs 1,018.05. The total volume of shares traded at the BSE is 76,504.