Reliance Energy Ltd forms subsidiary Reliance Risee Pvt Ltd

Reliance Infrastructure Ltd has announced the incorporation of a new subsidiary by Reliance Energy Limited, a subsidiary of the Company.

Reliance Risee Private Limited (RRPL) is incorporated on June 03, 2024, as a wholly owned subsidiary of Reliance Energy Limited (REL), which is a wholly owned subsidiary of the Company. The Certificate of incorporation has been received from the Ministry of Corporate Affairs on June 5, 2024. Authorized and Paid-up Share Capital of RRPL: Rs. 1,00,000/- (Rupees one lakh Only) comprising of 10,000 Equity shares of Rs. 10/- per share.

The main objective of new subsidiary is to act as advisors and consultants on all the matters relating to engineering, technology etc. and deal in all commodities and its derivatives.

Shares of Reliance Infrastructure Limited was last trading in BSE at Rs. 149.95 as compared to the previous close of Rs. 156.05. The total number of shares traded during the day was 482305 in over 7473 trades.

The stock hit an intraday high of Rs. 157.50 and intraday low of 143.70. The net turnover during the day was Rs. 72275804.00.

Source : Equity Bulls

Keywords

RelianceInfrastructure INE036A01016 RELINFRA RelianceEnergy RelianceRisee