Multiple choice

The swap ratio fixed for RIL, RPL merger is

  1. 1 : 2

  2. 1 : 6

  3. 1 : 9

  4. 1 : 11

  5. 1 : 3

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

The RIL-RPL merger in 2002 had a swap ratio of 1:11, meaning one share of RPL would be exchanged for 11 shares of RIL. This ratio was determined based on the relative valuations of both companies at the time of merger. The merger was significant in India's corporate landscape as it combined Reliance Industries' petrochemical business with Reliance Petroleum's refining operations.