Reliance Industries (RIL), leading private sector enterprise with businesses in the energy and materials value chain, has on December 28 completed the acquisition of equity shares of IMG Reliance (IMG-R) and accordingly, IMG-R has become a wholly-owned subsidiary of the company.

Consequent to the aforesaid acquisition, the holding of the company along with IMG-R in Football Sports Development (FSDL) is 65% and FSDL has become a subsidiary of the company.

Shares of Reliance Industries are trading at Rs 1,993, up Rs 3.80, or 0.19% at the Bombay Stock Exchange (BSE) on Wednesday at 1:55 p.m.

The scrip has touched an intra-day high of Rs 2,006.85 and low of Rs 1,975.90. The total volume of shares traded at the BSE is 173,733.

In the earlier session, the shares declined 0.7%, or Rs 14.05, at Rs 1,989.20.

Currently, the stock is trading down 15.09% from its 52-week high of Rs 2,368.80 and above 129.42% over the 52-week low of Rs 867.82.