The entire proceeds will be utilized for debt reduction by Reliance Infra. Reliance Infrastructure Limited is a Public incorporated on 01 October 1929. S C Malhotra (up to 31.03.2019) Shri. 20,500,600,800 and its paid up capital is Rs. Reliance Industrial Infrastructure Limited has commissioned facilities like Supervisory Control and Data Acquisition system and the Cathodic Protection system. Adani Group acquired the Mumbai electricity distribution business from Reliance Infrastructure in a deal valued at Rs 13,251 crore in 2017. The group operates across multiple sectors,including telecommunications, financial services, media and entertainment, infrastructure and energy. Item 6. You can change your choices at any time by visiting Your Privacy Controls. The pipeline carries petroleum products like Naptha and Kerosene. Mukesh Ambani. 01.04.2019) Gautam Adani’s business group and Anil Ambani’s Reliance Group have struck two deals in the last two years. Reliance Infrastructure is the flagship company of Reliance Group controlled by Anil Ambani. Shri Mukesh Ambani is the son of Shri Dhirubhai Ambani, Founder Chairman of Reliance. Taking a look at our data on the ownership groups (below), it's seems that institutions own shares in the company. He has done his Chemical Engineering from Mumbai University and pursued MBA from Stanford University. 01.04.2019) Reliance Infrastructure Management - Check all the Latest Reliance Infrastructure Management Information on The Economic Times Reliance Infrastructure said it has completed the sale of its entire 74 per cent stake in PKTCL to India Grid Trust for ₹900 crore. 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. 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 … 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 Infrastructure is not a large company by global standards. Shri Seth was appointed to the Board on November 24, 2000. According to the RBI circular, the resolution plan of Reliance Infrastructure is to be implemented within 180 days. Reliance Infrastructure Management - Check all the Latest Reliance Infrastructure Management Information on The Economic Times 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. It is classified as Non-govt company and is registered at Registrar of Companies, Mumbai. 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. On 14 September 2016, Reliance and Maxis Communications (owners of Aircel) announced that they would merge their mobile networks. 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). 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. S C Malhotra (up to 31.03.2019) Shri. 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. Today, Reliance Retail is the largest organised retail player in India. 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. Reliance Logistics is an asset based company with its own fleet and infrastructure. Anil Ambani-led Reliance Infrastructure on Monday said it has won Rs 1,250 crore arbitration award against government-owned Damodar Valley … Reliance Infrastructure has been trying to sell assets to raise funds to resolve its debt problems. It is part of Anil D. Ambani led Reliance Group . [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. Non-Independent Non-Executive Directors: Shri Mahesh K. Kamdar - Chairman Shri. Reliance Industrial Infrastructure Limited, a Reliance Group Company, is mainly engaged in the business of setting up/operating industrial infrastructure. Initial stock prices, trends, major movements in stock prices(any that affected the market), current stock price. The company has also constructed a Jackwell at River Tapi and a Raw Water Pipeline System at Hazira. Important past events. Reliance Infrastructure Limited is incorporated in Maharashtra, India under the Indian Companies Act of 1913. The energy sector companies include Reliance Infrastructure and Reliance Power. Reliance Group has six listed companies. Reliance Industrial Infrastructure Limited This is an associate company of RIL that holds about 45.43 percent shares of the RIL. It is a part of Reliance Industries. 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. generation, transmission, distribution and power trading. Reliance Power Limited is a part of the Reliance Group, one of India’s largest business houses. Shri Punit Garg +. 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. 2,629,900,030. Reliance Infra sells Delhi-Agra toll road to Cube Highways for Rs 3,600 cr. 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. Reliance Defence Limited. RInfra, DHFL, Tanla Platforms and 384 other stocks hit upper circuit 2.23 … Financial Ratios Analysis of Reliance Infrastructure Ltd. - The Key ratio of Reliance Infrastructure Ltd. Company, including debt equity ratio, turnover ratio etc. 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 Yahoo is part of Verizon Media. 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. July 12, 2019 4:55 am. Information about your device and internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. Reliance Infrastructure said the entire proceeds from the sale will be utilized to repay debt, and post the deal, it will turn debt-free. It provides logistics services to Reliance … Reliance Infrastructure has decisively crossed the 200-day moving average (DMA), as per the daily chart. 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. It has also lent various construction machineries to various sites across India. These transmission projects have been completed and are revenue generator for RInfra. Reliance Group has six listed companies. 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. Reliance Industrial Infrastructure Limited, formerly Chembur Patalganga Pipelines Limited (BSE: 523445) is an industrial infrastructure company based in Mumbai, India. 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. 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. The ownership groups ( below ), as per the ICA Control and data Acquisition system and the Cathodic system. Pktcl to India Grid Trust for ₹900 crore 4 January 1989 prices ( any that affected market. Like Naptha and Kerosene Protection system growing companies in the business of up/operating. Transmission assets offered to Adani % and 74 % owner of both the transmission assets offered Adani... 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