RIL says O2C biz restructuring to attract pool of investor capital SECTIONS Last Updated: Jun 02, 2021, 08:11 PM IST Share Synopsis RIL is courting Saudi Aramco to buy a minority stake in the oil-to-chemical business, talks for which are still going on. Reliance Industries shares had ended 1.8% higher at Rs 2,207 on NSE earlier on Wednesday. Related MUMBAI: Reliance Industries Ltd believes that the restructuring of its oil-to-chemical business will facilitate value creation and attract a dedicated pool of investor capital in the company, the conglomerate’s annual report for 2020-21 showed. “O2C’s goal is to maximise crude to chemicals conversion and create a sustainable growth business. The scheme received an overwhelming support from our shareholders and creditors,” the company said.