RELIANCE Reliance Industries Ltd Accounting Changes Announcement 2023 - Changes in Revenue Recognition Reliance Industries Ltd received an order imposing penalty on the company and its executives for wrong classification of imported goods in 2016, but the company is confident of getting it reversed with no material impact on financials or operations..Find Corporate Announcements for Press Releases, AGM, Insider Trading & SAST, Results and Corporate Action for Reliance Industries Ltd