The stake of RIL's promoter family is now at a 12-year high of 49.14 per cent after the closing of rights issue, according to data available on BSE. The stake of the promoter family rose in RIL's paid-up equity capital after it picked up additional shares from the issue's unsubscribed portion, the exchange filings also show. The promoter family which includes Mukesh Ambani and other members is committed to subscribe to 22,50,30,013 shares in the rights issue. On the other hand, the public shareholding has slightly fallen from 49.93 per cent to 49.71 per cent after the rights issue, according to the data.

The company achieved successful closure of India's largest-ever rights issue worth Rs 53,124.20 crore, which was subscribed 1.59 times, cumulating to an overall commitment of over Rs 84,000 crore. RIL intends to use three-fourth of proceeds from the rights issue for repaying some of its borrowings, as per the offer document filed with exchanges.

"Pursuant to the Board approval, the company had, vide letter of offer dated May 15, 2020, issued 42,26,26,894 equity shares of the face value of Rs 10/- each ('Rights Equity Shares') to the eligible equity shareholders at an issue price of Rs 1,257 per rights equity share (including a premium of Rs 1,247 per rights equity share)," the company recently said in a statement.

Meanwhile, shares of RIL ended the intraday trade on Friday at Rs 1,588.80, or up 51.30 points, or 3.34 per cent.