RELIANCE Reliance Industries Ltd Company Mergers Announcement 2024 - Joint Venture Deal Reliance Industries has completed a joint venture transaction with Disney, acquiring 63.16% of Star Television Productions for Rs. 211.59 crore and 13.01% of Viacom18 for Rs. 4,286 crore, increasing its stake in Viacom18 to 70.49%. Additionally, Reliance invested Rs. 11,500 crore in Star India Private Limited (SIPL) and holds a 16.34% control in the new joint venture..Find Corporate Announcements for Press Releases, AGM, Insider Trading & SAST, Results and Corporate Action for Reliance Industries Ltd