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

In The News

India Post records highest ever Q1 revenue

0
The Minister held Business Review Meeting with all 23...
Corporate

MRF ranked India’s most valuable tyre brand

0
The company also featured among the Top 50 most...
Corporate

Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

0
The company will make the acquisition from Shell Overseas...
Corporate

TVS Emerald to develop residential project in West Chennai

0
The Koyembedu–Poonamallee corridor, a rapidly expanding residential micro-market that...

Newsletter

Don't miss

In The News

India Post records highest ever Q1 revenue

0
The Minister held Business Review Meeting with all 23...
Corporate

MRF ranked India’s most valuable tyre brand

0
The company also featured among the Top 50 most...
Corporate

Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

0
The company will make the acquisition from Shell Overseas...
Corporate

TVS Emerald to develop residential project in West Chennai

0
The Koyembedu–Poonamallee corridor, a rapidly expanding residential micro-market that...
Economy

Retail Inflation crosses 4% in June

0
“Food inflation contributed 185 basis points (bps), while non-food...
ieeditor
ieeditor

India Post records highest ever Q1 revenue

ieeditor -
The Minister held Business Review Meeting with all 23 Circles of India Post, which reviewed performance and charted the roadmap for the months ahead. India...
Read more

MRF ranked India’s most valuable tyre brand

Mohamed Ameen -
The company also featured among the Top 50 most valuable brands in India across sectors in the report. Brand Finance India report, unveiled under the...
Read more

Aditya Birla Group buys Shell’s renewable arm for $1.8 bln

Sanjay Vijayakumar -
The company will make the acquisition from Shell Overseas Investment B.V and the transaction is amongst the largest acquisitions in India’s renewable energy sector...
Read more

About us

Most recent

Most popular

Hot On Web

Kothari Industrial Corporation Limited - All rights reserved.