Reliance Industries Limited announced that it has achieved successful closure of India's largest-ever Rights Issue of Rs 53,124.20 crore, according to a company statement on 3 June. It was subscribed approximately 1.59 times, cumulating to an overall commitment of over Rs 84,000 crore. The Rights Issue saw a huge investor interest, including from lakhs of small investors and thousands of institutional investors, both Indian and foreign. The public portion of the Rights issue was subscribed 1.22 times.