Search
ieeditor
ieeditor

Reliance Retail sells Reliance Projects for Rs 274 crore

Reliance Industries Ltd. has said that its step-down subsidiary, Reliance Retail Limited (RRL), has sold its 100 per cent equity stake in Reliance Projects & Property Management Services Limited (RPPMSL) to Jaipur Enclave Private Ltd. for Rs. 274 crore.

Corporate
Listen to this article

Consequently, RPPMSL has ceased to be a subsidiary of the company, the company said in a stock exchange filing.

The buyer does not belong to the promoter / promoter group / group companies of the company, it said.

Reliance Projects & Property Management Services contributed Rs. 6,412.60 crore or 0.06 per cent to the consolidated turnover of Reliance Industries for the financial year ended March 31, 2025. It had a networth of Rs. 342.45 crore as on March 31, 2025, representing 0.06 per cent.

Latest

Construction

Kobelco launches three new excavators

0
The company unveiled the SK210, SK215LC and SK230XDLC at...
Trade

India, Poland eye doubling bilateral trade

0
Both leaders set the target of doubling bilateral trade...
Opinion

Shift Towards Engineering Ownership

0
The recent U.S. suspension of several major Indian technology...
Renewables

Navitas Secures Up to USD 20 Mln Growth Capital

0
The investment is a part of responsAbility’s Asia Climate...

Newsletter

Don't miss

Construction

Kobelco launches three new excavators

0
The company unveiled the SK210, SK215LC and SK230XDLC at...
Trade

India, Poland eye doubling bilateral trade

0
Both leaders set the target of doubling bilateral trade...
Opinion

Shift Towards Engineering Ownership

0
The recent U.S. suspension of several major Indian technology...
Renewables

Navitas Secures Up to USD 20 Mln Growth Capital

0
The investment is a part of responsAbility’s Asia Climate...
Automobile

Balkrishna Industries, Pirelli in pact for tyre production

0
India is today one of the most attractive automotive...
ieeditor
ieeditor

Kobelco launches three new excavators

Mohamed Ameen -
The company unveiled the SK210, SK215LC and SK230XDLC at its Sri City manufacturing facility. The new models combine Japanese technology with locally sourced components,...
Read more

India, Poland eye doubling bilateral trade

ieeditor -
Both leaders set the target of doubling bilateral trade by 2030. Modi invited Polish companies to expand their investments and operations in India and to...
Read more

Shift Towards Engineering Ownership

Prashanth Tondapu -
The recent U.S. suspension of several major Indian technology companies, including TCS, Infosys, Wipro and HCLTech, from the Permanent Labor Certification process has renewed...
Read more

About us

Most recent

Most popular

Hot On Web

Kothari Industrial Corporation Limited - All rights reserved.