Reliance Infrastructure Ltd
NSE: RELINFRA BSE: 500390
₹77.46
(2.31%)
Tue, 24 Mar 2026, 04:10 am
Market Cap31.6B
PE Ratio0.59
Dividend0
Company History
1929
- Company incorporated on October 1 in Mumbai as Bombay Suburban Electric Supply Limited under Companies Act VII of 1913.
1976
- 12,136 9.5% preference shares redeemed; balance extended to 1986 with 11% dividend.
- 21 equity shares allotted on 8.5% F class debenture conversion.
1977
- Required to install 420 MW generating station by June 2.
- 5,589 equity shares issued on F debenture conversion.
1978
- 73,147 bonus equity shares issued 1:5.
1979
- Reissues 7,848 C class and 24,579 D class debentures to UTI.
- Arranges reissue of 46,05,000 E class debentures.
- Issues Rs 200 lakhs debentures privately; reissues F class to LIC.
1980
- 1,46,294 bonus equity shares issued 1:3.
1981
- Issues privately placed debentures Rs 200 lakhs.
- Allots 2,00,000 15% H class redeemable debentures.
- Awarded contracts for 34.5 KV system at Al-Jubail and Al Qaseem in Saudi Arabia.
1983
- Awarded contracts for 500 MW TG sets at Singrauli and 2x130 MW hydro sets at Idukki.
1984
- Maharashtra govt states company unable to install power station; MSEB to purchase undertaking June 2, 1986.
- Proposes JV with Saudi nationals.
1986
- C and D class debentures redemption extended with 15% interest.
- Preference shares dividend rate raised to 15%; some redeemed.
1987
- Bombay Suburban Saudi Arabia Co Ltd put under voluntary liquidation.
1988
- Receives environmental clearance for Dahanu project; clearances for water, coal.
1989
- Equity shares subdivided; authorised capital reclassified.
- 58,51,760 bonus equity shares issued 1:1.
1990
- Extends 77,792 F class debentures; redeems 15,845.
- E and Reissued E class debentures worth Rs 100 lakhs redeemed July 1, 1992.
- H class debentures redemption extended to May 18, 1993.
1991
- Issues 80,00,000 12.5% secured FCDs; 4,60,00,000 equity shares allotted on conversion.
- Licence extended to August 15, 2011.
1992
- Name changed to BSES Ltd.
1993
- Company installs 220 KV transmission line from Dahanu to Versova.
- Offers 288,51,760 15% FCDs on rights basis; 252,69,900 on public issue.
1994
- MOU with NTPC to form JV subsidiary for power sector activities.
- BSES Telecom Ltd formed as subsidiary.
- BSES Telecom enters MOU with Hutchison Max Telecom.
- 540,15,945 equity shares allotted on 15% FCD conversion.
1995
- Company proposes Jeedimetla Power Co Ltd for 40 MW plant.
- Company awarded two 40 MW naphtha projects in Kerala.
- BSES Infrastructure Finance Ltd formed.
- 3,316 equity shares allotted from abeyance; 26,041,650 on GDR conversion.
1996
- Contracts division plans manufacturing facility for cable terminators at Silvassa.
- Company proposes 495 MW naphtha/gas power station at Palghar.
- BSES Kerala Power Pvt Ltd incorporated; awarded 40 MW and 53 MW projects.
- Company takes management control of Tamil Nadu Industries Captive Power Co Ltd.
- Company selected for power projects in Gujarat.
- MSEB issues notice to purchase electricity undertaking.
- Company issues US$125 million GDRs listed on London Stock Exchange.
1997
- BSES sets up coal beneficiation JV with CLI and Spectrum Technologies.
- BSES and DVC form JV for 1,000 MW Maithon project.
- BSES Telecom and Mastek form JV for utility software.
- BSES enters $5 million currency swap deal.
- BSES forms 60:40 JV with Ticapco.
- BSES signs escrow agreement and secures LoC.
- Company issues 11,00,000 13% redeemable preference shares.
1998
- BSES Kerala Power to sign escrow with KSEB.
- BSES enters JV for 200 MW gas/naphtha plant in Andhra Pradesh.
- Gujarat Power Corporation awards LOI for 55 MW project at Dahej.
- 47,00,000 preference shares allotted on debenture conversion.
1999
- BSES forms JV with National Grid for Orissa distribution.
- BSES Andhra Power sets up 200 MW plant at Samalkot.
- BSES acquires 51% stake in three Orissa distribution companies.
2000
- BSES Telecom launches Powersurfer.net internet services.
- BSES Telecom forms JV with Sriven Multitech Ltd.
- BSES receives Business Millennium Award for Environmental Management.
- BSES Telecom shortlists international firms for internet gateways.
- Gujarat Positra Port Infrastructure signs MOU with BSES for 261 MW power project.
- BSES signs MOU with ONGC for gas supply to Palghar plant.
- Reliance Industries acquires 26.6% stake.
- BSES launches customer website bsessupply.com.
2002
- R V Shahi relinquishes Chairman & MD role; S S Dua appointed acting Chairman & MD.
- BSES appoints J P Chalsani as CEO of Delhi discoms.
- Reliance Industries increases stake to 31.54%.
- Signs confidentiality agreement to buy Enron's Dabhol stake.
- Issues Rs 100 crore Non Convertible Debentures.
- Dahanu thermal power station achieves 100% availability and 98.92% PLF in March.
- Power Ventures increases holding to 23.88%.
- Acquires 51% stake in two Delhi power distribution companies.
- Delhi govt signs share-holding agreement with BSES and Tata Power.
- Renames Delhi discoms as BSES Rajdhani Power Ltd and BSES Yamuna Power Ltd.
- Pulls out of 250 MW Tamil Nadu power project.
- Reliance group increases stake to 40.29%.
- Reliance Power Ventures increases stake to 28.30%.
- Completes US$120 million FCCB issue.
- V M Lal ceases as Director; R Buddhiraja appointed.
2003
- Company becomes part of Reliance Group; Anil D Ambani appointed Chairman.
- Name of BSES Ltd changed to Reliance Energy Ltd.
- Several subsidiaries including BSES Andhra Power Ltd cease to be subsidiaries.
- Members approve delisting from multiple stock exchanges.
- BSES Andhra Power Ltd becomes 100% subsidiary.
- Allots equity shares to Bank of New York on options exercised.
- Maharashtra Govt withdraws nominee director.
- Reliance Salgaocar Power becomes wholly owned subsidiary.
- BSES signs agreement with US bank for GDR conversion.
2004
- Reliance revamps Hirma mega thermal power project.
- Easy Bill inks pact with BSES for bill collection.
- Promoters' holding drops to 52.55%.
- BSES Andhra Power Ltd and Reliance Salgaocar Power Co Ltd merge with company.
- Janus acquires 4% stake in Reliance Energy.
- Name changed to Reliance Energy Limited; trading symbol to REL w.e.f. March 12.
- Mops up $178 million through five-year zero-coupon FCCB issue.
- Enters two foreign currency facility agreements.
- LIC acquires 55,00,000 equity shares.
- Reliance Power Ventures acquires 4.99% stake via preferential allotment.
- Reliance Energy, UP Govt and Reliance sign State Support Agreement.
- Reliance wins Koldam project.
- Reliance joins hands with Temasek for power venture fund.
- Launches multilingual power bills.
2005
- REL's Dahanu bags CII National Award of Excellence.
- Registered office shifted to Reliance Energy Centre, Santacruz East, Mumbai.
2006
- Reliance Energy joins hands with Bajaj for CFL bulbs.
- Company signs contract with MoPNG for exploration of four Coal Bed Methane blocks.
2007
- Reliance Energy appoints Lalit Jalan as Whole-time Director.
- CRISIL reaffirms AAA/Stable/P1+ ratings on Reliance Energy debt.
- Reliance Energy bags EPC contract from DVC for 2x600 MW Raghunathpur power station.
2008
- Reliance Infrastructure bags contract for four-laning Gurgaon-Faridabad and Ballabgarh-Sohana roads on BOT basis.
- Company name changed from Reliance Energy Ltd to Reliance Infrastructure Ltd.
- Reliance Infra's Dahanu Thermal Power Station bags award.
2009
- Reliance Infra plans entry into cement sector.
- Reliance Infra agrees to pay marketing margin to RIL.
- RInfra gets Kandla-Mundra road project in Gujarat.
- Reliance Infrastructure wins Rs 11,000 crore Mumbai Metro-II project.
- RInfra wins Jaipur-Reengus road project from NHAI.
2010
- RInfra inks agreement with NHAI for Rs 3,000 crore Delhi-Agra highway project.
- MSRDC signs agreement with Reliance Sealink One for Rs 5,000 crore Worli-Haji Ali sea link.
- Registered office shifted to H Block, Dhirubhai Ambani Knowledge City, Navi Mumbai.
- RInfra bags Rs 2,960 crore project from NHAI.
2011
- Reliance Infrastructure awarded Rs 7,200 crore EPC contract for 2400 MW Samalkot power project from Reliance Power.
- Promoter group invests Rs 2,095 crore in RInfra equity shares.
2012
- RInfra SPV commissions 6th transmission line in Western Grid.
- RInfra wins India Power Award 2012 for Mumbai Discom.
- RInfra SPV commences widening and tolling of Delhi-Agra road.
- RInfra enters cement market under Reliance Cement brand.
- RInfra bags India Power Awards 2012 for Energy Efficiency Conservation and Demand Side Management.
2013
- Reliance Infrastructure bids for USD 4 billion Indian railways Churchgate-Virar elevated corridor project.
- Board recommends dividend of Rs 7.40 per equity share.
- RInfra SPV conducts successful Mumbai Metro trial run.
- Reliance Infrastructure merges with Western Region Transmission (Gujarat) and (Maharashtra) Pvt Ltd.
2014
- Reliance Infrastructure acquires equity shares of Reliance Power Ltd via inter se transfer.
- RInfra's Mumbai Distribution Business awarded world's first ISO 55001:2014 certification.
- RInfra commences operations of Mumbai Metro.
- RInfra receives Golden Peacock Business Excellence Award.
2015
- RInfra signs MOU with Innovari Inc. to expand Automatic Demand Side Management.
- Reliance Infrastructure acquires Pipavav Defence and Offshore Engineering Company Ltd.
- Reliance Infra completes refinancing of Mumbai Metro project borrowings.
- Reliance Defense signs MOU with Abu Dhabi Shipbuilding for naval and commercial services.
- Reliance Defence signs MOU with Emirates Defence Industries for defence partnership.
- RInfra signs non-binding term sheet with PSP Investments for investment in Mumbai power distribution.
- Rel Infra ties up with AlmazAntey for defence equipment.
2016
- Reliance Infrastructure acquires management control of Pipavav Defence & Offshore Engineering Co Ltd.
2017
- CCI okays Reliance Aerostructure JV with Dassault Aviation.
- RInfra bags Rs 711 cr project from NHAI.
- Reliance Infra wins Rs 2,950 cr arbitration award against DMRC.
- Reliance Infra enters period of exclusivity with ATL.
2018
- Reliance Infrastructure wins Rs 16.14 crore arbitration award against NHAI.
- RInfra inks MoU with MSRDC for Rs 7,000-crore Versova-Bandra Sea Link Project.
- Reliance Infrastructure wins Rs 200 crore arbitration award against NHAI.
- RInfra bags Rs 882 crore road contract from NHAI.
- CCI approves RInfra Rs 18,800 cr deal with Adani Transmission.
2019
- RInfra bags Rs 648 cr contract from AAI to build new airport in Gujarat.
- Reliance Infrastructure bags Versova-Bandra Sea Link Project worth Rs 7,000 cr.
- Reliance Infrastructure signs pact with Cube Highways for stake in DA toll road.
- Reliance Infrastructure wins Rs 1,250 cr arbitration award against DVC.
2021
- Reliance Infrastructure wins arbitration award against Delhi Metro Rail Corporation (DMRC).
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800