Edition:
United Kingdom

Reliance Infrastructure Ltd (RLIN.NS)

RLIN.NS on National Stock Exchange of India

446.30INR
20 Feb 2018
Change (% chg)

-- (--)
Prev Close
Rs446.30
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
2,867,904
52-wk High
Rs620.05
52-wk Low
Rs390.55

Latest Key Developments (Source: Significant Developments)

India's Reliance Infrastructure Dec Qtr Consol Profit Falls
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - Reliance Infrastructure Ltd ::DEC QUARTER CONSOL NET PROFIT 3.01 BILLION RUPEES VERSUS PROFIT OF 3.75 BILLION RUPEES LAST YEAR.DEC QUARTER CONSOL TOTAL OPERATING INCOME 58.61 BILLION RUPEES VERSUS 57.24 BILLION RUPEES LAST YEAR.  Full Article

Reliance Infrastructure Moves Applications To MERC For Assignment Of Transmission And Distribution Licenses
Tuesday, 9 Jan 2018 

Jan 9 (Reuters) - Reliance Infrastructure Ltd ::MOVED APPLICATION TO MERC FOR ASSIGNMENT OF TRANSMISSION AND DISTRIBUTION LICENSES FOR MUMBAI POWER BUSINESS TO CO'S UNIT.  Full Article

Reliance Infrastructure to Sell Integrated Mumbai Power Business​ To Adani Transmission
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Reliance Infrastructure Ltd ::SIGNS DEFINITIVE BINDING AGREEMENT WITH ADANI TRANSMISSION LTD FOR 100% SALE OF ITS INTEGRATED MUMBAI POWER BUSINESS​.SAYS TOTAL DEAL VALUE IS 132.51 BILLION RUPEES.SAYS TOTAL CONSIDERATION VALUE ESTIMATED AT 188 BILLION RUPEES.PROCEEDS FROM DEAL TO BE UTILISED ENTIRELY FOR DEBT REDUCTION.SAYS CO WILL BECOME DEBT FREE AND UP TO 30 BILLION RUPEES CASH SURPLUS WITH THIS TRANSACTION.  Full Article

Reliance Infrastructure Gets EPC Contracts Of Over 50 Bln Rupees In Bangladesh
Wednesday, 6 Dec 2017 

Dec 6 (Reuters) - Reliance Infrastructure Ltd ::SAYS CO GETS EPC CONTRACTS OF OVER 50 BILLION RUPEES IN BANGLADESH.RELIANCE INFRASTRUCTURE -FIRST EPC CONTRACT INCLUDES SETTING UP INFRASTRUCTURE OF 750 MW LNG-BASED COMBINED CYCLE POWER PLANT AT MEGHNAGHAT (DHAKA).SAYS RELIANCE INFRA WILL EXECUTE INTEGRATED LNG TERMINAL AND POWER PROJECT.SAYS CONTRACT TO BE EXECUTED OVER NEXT 24 MONTHS, COMPLETION IN 2019.RELIANCE INFRASTRUCTURE - SECOND PROJECT TO BUILD INTEGRATED LNG TERMINAL PROJECT AT KUTUBDIA ISLAND.  Full Article

Reliance Infrastructure ‍completes stake sale of WRSSS transmission to Adani Transmission
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Reliance Infrastructure Ltd :Says ‍completes 100 pct stake sale of WRSSS transmission to Adani Transmission Limited​.  Full Article

Reliance Infrastructure ‍executes agreement to transfer WRSSS Transmission Undertakings​
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Reliance Infrastructure Ltd :Says ‍executes Business Transfer Agreement (bta) for transfer of its WRSSS Transmission Undertakings​.Says entire sale proceeds shall be utilized for debt reduction‍​.Says all key approvals have been obtained and transaction is expected to be closed shortly.Says western region system strengthening scheme transmission undertakings valued at about 10 billion rupees.WRSSS B & C undertakings transferred to its two units as part of process of sale of businesses to Adani Transmission Ltd.  Full Article

Reliance Infrastructure says Reliance InvIT Fund gets final observation letter from SEBI
Wednesday, 24 May 2017 

May 24 (Reuters) - Reliance Infrastructure Ltd ::Says Reliance InvIT fund receives final observation letter from SEBI for its proposed IPO.Says Reliance Nippon Life Asset Management Limited is the investment manager to the InvIT.Says proposed issue size is INR 25 billion with an option to retain oversubscription up to 25 pct of the issue size.Axis Capital, DSP Merrill Lynch, and UBS Securities are acting as global coordinators and book running lead managers.Says SBI Capital Markets and Yes Securities are acting as book running lead managers..  Full Article

Reliance Infrastructure says LIC of India cuts stake to 9.72 pct
Thursday, 6 Apr 2017 

Reliance Infrastructure Ltd :Says LIC of India cuts stake in co by 2.27 percent to 9.72 percent.  Full Article

Reliance Defence says Reliance Infra expressed preliminary interest on select assets of ABG Shipyard
Friday, 17 Mar 2017 

Reliance Defence and Engineering Ltd : Clarifies on news item "Reliance Defence expresses interest in buying 'agreed assests' of ABG Shipyard" . Co denies it has any interest in buying 'agreed assets' in ABG Shipyard .Preliminary expression of interest on select assets of ABG Shipyard was made by Reliance Infra.  Full Article

Reliance Infrastructure says Dassault Reliance Aerospace been incorporated
Thursday, 16 Feb 2017 

Reliance Infrastructure Ltd : Says Dassault Reliance Aerospace Limited (DRAL) incorporated . Says Eric Trappier to be chairman and Anil Ambani co-chairman of DRAL . Says joint venture company to be held 51% by Reliance and 49% by Dassault Aviation . Says DRAL to lead execution of Rs 30,000 crore offsets for 36 aircraft program . Says DRAL will be a key player in the execution of offset obligations . Will also focus on promoting research and development projects under the IDDM program . Says construction work for the greenfield facility will start in may 2017, and production by end-2017 . DRAL to execute programs in phases, with phase I resulting in generation of more than 700 direct jobs and 2,800 indirect jobs. .Says DRAL has finalized the infrastructure requirements at dhirubhai aerospace park at Mihan, Nagpur.  Full Article

Deals of the day-Mergers and acquisitions

Dec 21 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday: