The purchases were made within the limits permitted under the Securities and Exchange Board of India's (Sebi's) creeping acquisition regulations, which allow promoters to gradually increase ownership without triggering a mandatory open offer, subject to prescribed thresholds

Reliance Industries Chairman Mukesh Ambani said the conglomerate has entered the execution phase of its artificial intelligence strategy and aims to build a profitable AI infrastructure, platform and services business. He also called for AI and energy self-sufficiency to become national priorities