“Asia’s richest man, Mukesh Ambani, has shut down one of his companies — Reliance Global Project Services. Reliance Industries (RIL Share Price) announced that the company will be officially dissolved from September 20, 2025. After this date, it will no longer remain a subsidiary of Reliance Industries. However, the exact reason behind the closure has not been revealed.”
Mukesh Ambani Reliance company shutdown news is making headlines as one of Asia’s richest man’s firms has been dissolved. The company in question is Reliance Global Project Services, which was part of Reliance Industries (Reliance Industries Share Price). Reliance Industries is led by its chairman, Mukesh Ambani. But the big question everyone is asking is — why was this company shut down? Let’s find out.
Mukesh Ambani Reliance company shutdown: Reliance Industries has announced that its subsidiary, Reliance Global Project Services Private Limited, has been officially dissolved (shut down) from September 20, 2025. As a result, it is no longer a subsidiary of Reliance Industries.
Why did Mukesh Ambani shut down this Reliance company?
Reliance Industries has not disclosed in its exchange filing why Reliance Global Project Services was shut down. However, experts speculate that this move could be part of RIL’s internal restructuring process, aimed at streamlining operations and strengthening its business strategy. This decision marks a significant step in the Mukesh Ambani Reliance company shutdown saga, attracting attention from investors and industry analysts alike.
Shares of Reliance drop again under ₹1,400.
In the stock market, Reliance shares have once again fallen below ₹1,400. On Monday, the share dropped below ₹1,400, closing at ₹1,390.40. As of 1:30 PM today, the company’s share on BSE is trading at ₹1,392.90, showing a gain of ₹2.50 or 0.18% compared to yesterday’s closing price.