Its authorized share capital is Rs. Reliance Industrial Infrastructure Limited, formerly Chembur Patalganga Pipelines Limited (BSE: 523445) is an industrial infrastructure company based in Mumbai, India. It provides logistics services to Reliance … S C Malhotra (up to 31.03.2019) Shri. It was primarily founded to undertake the projects of laying down two cross-country pipelines from the Bharat Petroleum refinery at Chembur to Reliance Industries Limited petrochemicals complex in Maharashtra. Non-Independent Non-Executive Directors: Shri Mahesh K. Kamdar - Chairman Shri. generation, transmission, distribution and power trading. The company set up a 200-millimetre diameter twin pipeline system that connects the Bharat Petroleum refinery at Mahul, Maharashtra to Reliance's petrochemical complex at Patalaganga in … The group operates across multiple sectors,including telecommunications, financial services, media and entertainment, infrastructure and energy. Reliance Infrastructure is one of the largest Infrastructure firm in India who have built the Mumbai Metro, various ports and other infras in India. Reliance Corporate Centre Limited and Reliance Convention and Exhibition Centre Limited became the subsidiaries of Reliance Industrial Infrastructure Limited during the financial year of 2008-2009. Anil Ambani-led Reliance Infrastructure on Thursday signed an agreement to sell its Mumbai power business to Adani Transmission for a total consideration of Rs 18,800 crore. Today, Reliance Retail is the largest organised retail player in India. Reliance Infrastructure had hired KPMG to find buyers for the 51% stake each it holds in BSES Rajdhani Power (BRPL) and BSES Yamuna Power (BYPL). This page was last edited on 6 June 2020, at 06:53. 2,629,900,030. Anil Dhirubhai Ambani is one of India's leading business leaders and founder of the Reliance Group; whose constituent business enterprises are engaged in pivotal roles in the ongoing economic transformation of India. Ambani is steering Reliance 's initiatives in a world scale, offshore, deep water oil and gas exploration and production program, setting up of a second petroleum refinery at Jamnagar, development of infrastructure facilities and implementation of a pan-India organized retail network spanning multiple formats and supply chain infrastructure. It is part of Anil D. Ambani led Reliance Group . Reliance Defence Limited. Stock : Listing and Performance over time, "Reliance Industrial Infrastructure consolidated net profit rises 19.56% in the March 2020 quarter", "RELIANCE Institutional Ownership - RELIANCE INDUSTRIES LTD. Stock", Template:Reliance Anil Dhirubhai Ambani Group, https://en.wikipedia.org/w/index.php?title=Reliance_Industrial_Infrastructure&oldid=961025480, All Wikipedia articles written in Indian English, Creative Commons Attribution-ShareAlike License, The company board of directors, important executives and other people instrumental to the success of the company, Independent Non-Executive Director – Chandra Raj Mehta, Non-Independent Non-Executive Director – S C Malhotra, Independent Non-Executive Director – Sandeep H Junnarkar, Non-Independent Non-Executive Chairman – Mahesh K Kamdar. You can change your choices at any time by visiting Your Privacy Controls. It is a group of companies with Reliance Defence, Reliance Securities, Reliance Entertainment, Reliance Communications under its umbrella. Reliance Infrastructure Ltd. on Saturday said it has completed the sale of its entire 74% stake in PKTCL to India Grid Trust for Rs 900 crore. Taking a look at our data on the ownership groups (below), it's seems that institutions own shares in the company. The company has also constructed a Jackwell at River Tapi and a Raw Water Pipeline System at Hazira. The deal, the largest consolidation in Indian telecommunication history, would have created the fourth-largest mobile network … I am going to take a deep dive into Reliance Infrastructure Limited’s (NSE:RELINFRA) most recent ownership structure, not a frequent subject of discussion among individual investors.Ownership structure of a company has been found to affect share performance over time. Management Team of Reliance Infrastructure Ltd. Company including its chairman, board of directors and other executive at Reliance Infrastructure Ltd. Organisations. A. Siddharth (w.e.f. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. The Delhi government owns the remaining 49% in … Important past events. The proceeds will be utilised for debt reduction, and the company’s dues will come down by 6% to Rs 13,100 crore from Rs 14,000 crore. Reliance Anil Dhirubhai Ambani Group or popularly known as Reliance ADA Group or simply Reliance Group is an Indian conglomerate, headquartered in Mumbai, India.The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. The infrastructure company constructed a 70,000 kilolitre petrochemical product storage and distribution Terminal at the Jawaharlal Nehru Port Trust Area in Maharashtra. He has done his Chemical Engineering from Mumbai University and pursued MBA from Stanford University. Reliance Industrial Infrastructure Limited was promoted by Satyapal Jain and associates.[3]. Reliance Group has six listed companies. Reliance Infra sells Delhi-Agra toll road to Cube Highways for Rs 3,600 cr. Types of business and product divisions such as Petroleum; Oil & Gas; Fibers etc. He also led Reliance’ development of infrastructure facilities and implementation of a pan-India organized retail network spanning multiple formats and supply chain infrastructure. July 12, 2019 4:55 am. Reliance Industrial Infrastructure Limited has commissioned facilities like Supervisory Control and Data Acquisition system and the Cathodic Protection system. Mukesh Ambani. Financial Ratios Analysis of Reliance Infrastructure Ltd. - The Key ratio of Reliance Infrastructure Ltd. Company, including debt equity ratio, turnover ratio etc. RELIANCE INFRASTRUCTURE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2020 ,inter alia, to consider and approve the unaudited Financial Results (both standalone and consolidated) for the quarter and half year ended September 30, 2020. Reliance Infrastructure is amongst the largest and fastest growing companies in the infrastructure sector. Reliance Industrial Infrastructure Limited, a Reliance Group Company, is mainly engaged in the business of setting up/operating industrial infrastructure. As of March 2009, Reliance Industries Limited held 45.43% of the total shares of the company. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Reliance Infrastructure is not a large company by global standards. In March 1994 the name was changed to Reliance Industrial Infrastructure Limited. RInfra, DHFL, Tanla Platforms and 384 other stocks hit upper circuit 2.23 … Reliance Infrastructure operates power plants that generate more than 940 MW of capacity. Reliance Infrastructure Limited is incorporated in Maharashtra, India under the Indian Companies Act of 1913. Initial stock prices, trends, major movements in stock prices(any that affected the market), current stock price. These transmission projects have been completed and are revenue generator for RInfra. Reliance Anil Dhirubhai Ambani Group or popularly known as Reliance ADA Group or simply Reliance Group is an Indian conglomerate, headquartered in Mumbai, India.The company, which was formed after Dhirubhai Ambani's business was divided up, is headed by his younger son Anil Ambani. Reliance Infrastructure on Saturday said it has completed the sale of its entire 74 per cent stake in PKTCL to India Grid Trust for Rs 900 crore. The current stock price of the shares of Reliance Industrial Infrastructure Limited is around Rs.886 which is a major upward leap from its prices in the previous year. Currently, he is the Vice Chairman on the Board of the Company. Shri Punit Garg +. Reliance Industrial Infrastructure Limited was promoted by Satyapal Jain and associates. Reliance Group has six listed companies. The company set up a 200-millimetre diameter twin pipeline system that connects the Bharat Petroleum refinery at Mahul, Maharashtra to Reliance's petrochemical complex at Patalaganga in Maharashtra. It has a market capitalization of ₹7.4b, which means it wouldn't have the attention of many institutional investors. Adani Group acquired the Mumbai electricity distribution business from Reliance Infrastructure in a deal valued at Rs 13,251 crore in 2017. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. Reliance Infrastructure has decisively crossed the 200-day moving average (DMA), as per the daily chart. Reliance Logistics is an asset based company with its own fleet and infrastructure. RInfra is also a leading utility Company having presence across the value chain of power businesses i.e. 20,500,600,800 and its paid up capital is Rs. Reliance Infrastructure Limited is a Public incorporated on 01 October 1929. Anil Ambani-led Reliance Infrastructure on Monday said it has won Rs 1,250 crore arbitration award against government-owned Damodar Valley … S C Malhotra (up to 31.03.2019) Shri. Reliance Infrastructure at a glance... RInfra is a major player in providing Engineering & Construction (E&C) services for developing power, infrastructure, metro and road projects. 01.04.2019) It has also lent various construction machineries to various sites across India. Item 6. The pipeline carries petroleum products like Naptha and Kerosene. Reliance Infra is 100% and 74% owner of both the transmission assets offered to Adani. It also leases equipment and offers IT consulting services.[1]. Reliance Infrastructure's bottomline has been under pressure and the company has undertaken a cut of up to 50% in compensation, while Ambani has decided to forego his commission and remuneration for the year. On 14 September 2016, Reliance and Maxis Communications (owners of Aircel) announced that they would merge their mobile networks. 01.04.2019) Reliance Logistics is a single-window [clarification needed] company selling transportation, distribution, warehousing, logistics, and supply chain-related products. Prior to this, Adani Transmission had bought two transmission projects from Reliance Infrastructure in a deal valued at Rs 1,000 crore. Reliance Infrastructure is the flagship company of Reliance Group controlled by Anil Ambani. Reliance Infrastructure signs inter-creditor pact. ... is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [X]. According to the RBI circular, the resolution plan of Reliance Infrastructure is to be implemented within 180 days. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development. In 1977, when Reliance Textile Industries Limited first went public, the Indian stock market was a place patronised by a small club of elite investors which dabbled in a handful of stocks. The energy sector companies include Reliance Infrastructure and Reliance Power. Reliance Infrastructure has been trying to sell assets to raise funds to resolve its debt problems. Reliance Defence Limited is a wholly owned subsidiary of Reliance Infrastructure. Reliance Infrastructure on Saturday said it has completed the sale of its entire 74 per cent stake in PKTCL to India Grid Trust for Rs 900 crore. A. Siddharth (w.e.f. The entire proceeds will be utilized for debt reduction by Reliance Infra. It was incorporated on 29 September 1988 and obtained its Certificate of Commencement of business on 4 January 1989. Shri Seth was appointed to the Board on November 24, 2000. Shri Punit Garg, aged 55 years, a qualified Engineer, is part of senior management team of Reliance Group since 2001 and is involved in taking a … Reliance Infrastructure Management - Check all the Latest Reliance Infrastructure Management Information on The Economic Times Reliance Infrastructure Management - Check all the Latest Reliance Infrastructure Management Information on The Economic Times Reliance Industrial Infrastructure Limited This is an associate company of RIL that holds about 45.43 percent shares of the RIL. [2] Reliance Industrial Infrastructure Limited was originally incorporated under the name Chembur Patalganaga Pipelines Limited, which was later changed to CPPL Limited in September 1992. Shri Mukesh Ambani is the son of Shri Dhirubhai Ambani, Founder Chairman of Reliance. Non-Independent Non-Executive Directors: Shri Mahesh K. Kamdar - Chairman Shri. Utilising the sales proceeds for debt reduction, Reliance Infrastructure has reduced its consolidated debt by around 6 per cent from Rs 14,000 crore to Rs 13,100 crore, the company stated To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. Reliance Power Limited is a part of the Reliance Group, one of India’s largest business houses. Yahoo is part of Verizon Media. As of March 2009 the highest price for RIIL shares on the BSE index was recorded to be at Rs.310.00 while the lowest price was Rs.231.05. Gautam Adani’s business group and Anil Ambani’s Reliance Group have struck two deals in the last two years. Reliance Infrastructure said the entire proceeds from the sale will be utilized to repay debt, and post the deal, it will turn debt-free. Reliance Infrastructure said it has completed the sale of its entire 74 per cent stake in PKTCL to India Grid Trust for ₹900 crore. RInfra said it has now achieved standstill for 180 days as per the ICA. It is a part of Reliance Industries. Part of the Anil Dhirubhai Ambani Group, Reliance Infrastructure delivers more than 27 billion units of electricity to more than 6 million consumers.