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Reliance Infrastructure Ltd

NSE: RELINFRA BSE: 500390

₹77.46

(2.31%)

Tue, 24 Mar 2026, 04:10 am

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