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Reliance Infrastructure Ltd (RLIN.NS)

RLIN.NS on National Stock Exchange of India

526.25INR
23 May 2017
Change (% chg)

Rs-29.00 (-5.22%)
Prev Close
Rs555.25
Open
Rs550.10
Day's High
Rs553.50
Day's Low
Rs522.40
Volume
3,179,920
Avg. Vol
2,004,646
52-wk High
Rs635.70
52-wk Low
Rs426.65

Latest Key Developments (Source: Significant Developments)

Reliance Infra unit files petition in Delhi high court for urgent payment of arbitration award
Wednesday, 17 May 2017 06:40am EDT 

May 17 (Reuters) - Reliance Infrastructure Ltd :Says subsidiary files section 9 petition in Delhi high court for urgent payment of arbitration award.To use entire proceeds to repay its lenders comprising of psu and other banks.Says has won arbitration award against DMRC amounting to INR 46.70 billion.Says co expected to get 75% of the value of award, amounting to INR 35.00 billion.  Full Article

Reliance Infrastructure wins arbitration award against Delhi Metro Rail Corp
Thursday, 11 May 2017 07:03am EDT 

May 11 (Reuters) - Reliance Infrastructure Ltd :Says Reliance Infrastructure wins arbitration award against DMRC.Says lenders' debt of INR 19 billion to be paid from proceeds.Says co expected to get 75 percent of award.Says to receive 10.50 billion rupees invested in SPV.Says co's consol debt to reduce by INR 29.50 billion.Says Delhi Airport Metro Express, associate of co, awarded compensation of 29.50 billion rupees.  Full Article

Reliance Infra InvIT fund files revised DRHP
Tuesday, 2 May 2017 05:59am EDT 

May 2 (Reuters) - Reliance Infrastructure Ltd :Says Reliance Infrastructure InvIT fund filed updated DRHP SEBI, exchanges.Says revised proposed issue size is INR 25 billion with an option to retain over-subscription up to 25 percent of issue size.  Full Article

Reliance Infra says Reliance Defence ties up with South Korean defence major LIG Nex1
Monday, 17 Apr 2017 02:19am EDT 

April 17 (Reuters) - Reliance Infrastructure Ltd :Says Reliance Defence ties up with korean major for smart sensors/munition.Says strategic partnership agreement with South Korean defence major LIG Nex1.Says two companies will explore opportunities in indentified range of defence products required by the Indian armed forces.Says strategic partnership to include radar, sensors & missiles for indian market, with multi billion addressable opportunities.Two cos identified air defence & surveillance radar that can be manufactured in India, as potential area of co-operation.  Full Article

Reliance Infrastructure gets EPC contract for road project in Tamil Nadu
Friday, 7 Apr 2017 01:33am EDT 

Reliance Infrastructure Ltd : Says wins EPC contract of INR 7.11 billion for a road project in Tamil Nadu . Says receives letter of acceptance from NHAI . Project to be completed in 24 months . Says contract includes design and construction of the 65.96 km long highway .Says other bidders for the project included L&T, IL&FS and Punj Lloyd.  Full Article

Reliance Infrastructure says LIC of India cuts stake to 9.72 pct
Wednesday, 5 Apr 2017 11:17pm EDT 

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

Reliance Infra approves raising funds worth up to 20 bln rupees via QIP
Thursday, 16 Mar 2017 08:38am EDT 

Reliance Infrastructure Ltd :Says approved raising funds worth up to 20 billion rupees via QIP.  Full Article

Reliance Infra says Reliance Defence, STRATA Manufacturing sign MoU
Wednesday, 15 Feb 2017 05:26am EST 

Reliance Infrastructure Ltd : Says Reliance Defence and Strata Manufacturing, UAE sign MoU . Says STRATA to explore new opportunities for global collaboration on aerospace manufacturing . Dhirubhai Ambani Aerospace Park is being considered by Reliance Defence limited for a new facility .Says Reliance to enter aircraft composites market; opportunities to tap indian offset frameworks.  Full Article

Reliance Infrastructure Dec-qtr consol profit rises about 50 pct
Monday, 13 Feb 2017 05:59am EST 

Reliance Infrastructure Ltd : Dec quarter consol net profit 3.75 billion rupees . Dec quarter consol net sales 46.04 billion rupees . Consol net profit in dec quarter last year was 2.52 billion rupees as per Ind-AS; consol net sales was 50.96 billion rupees .Says order book of INR 55.40 billion in Q3.  Full Article

Reliance Infra says CCI approves JV between Reliance Aerostructure, Dassault Aviation
Monday, 6 Feb 2017 01:41am EST 

Reliance Infrastructure Ltd : Competition Commission of India (CCI) approves joint venture (JV) between Reliance Infrastructure Ltd promoted Reliance Aerostructure Ltd and Dassault Aviation, France . Says JV is proposed to be named as Dassault Reliance Aerospace Ltd .Says JV co to be held 51 percent by Reliance and 49 percent by Dassault Aviation.  Full Article

More From Around the Web

BRIEF-Reliance Infra says CCI approves JV between Reliance Aerostructure, Dassault Aviation

* Competition Commission of India (CCI) approves joint venture (JV) between Reliance Infrastructure Ltd promoted Reliance Aerostructure Ltd and Dassault Aviation, France