Reliance Finance and Investments USA LLC, a subsidiary of Reliance Industries, acquired a 21% stake in US-based Wavetech Helium for $12 million (Rs 100 crore) on November 27, 2024. The investment aims to expand its low-carbon exploration business.

In another major business move by Reliance Industries Ltd chairman Mukesh Ambani, the conglomerate has acquired a 21 percent stake in Wavetech Helium Inc -- a US-based helium gas exploration and production company -- for a whopping $12 million.

Reliance Industries Ltd on Thursday said it has acquired a 21 per cent stake in US helium gas exploration and production company Wavetech Helium Inc for USD 12 million. "Reliance Finance and Investments USA LLC,

On the day of Maharashtra’s 2024 assembly elections on November 20, Mukesh Ambani, the chairman of Reliance Industries, along with his sons Anant and Akash Ambani, and daughter-in-law Shloka Mehta, cast their votes in Mumbai.

Stock Purchase Agreement with Wavetech Helium, Inc. (WHI) and subscribed to a 21% stake of WHI for an aggregat