The company was incorporated on 24 March 2000 and went public on 25 July 2005. Reliance Global IDC Ltd a wholly owned subsidiary of Reliance Infratel Ltd (RITL) merged with RITL with effect from May 25 2011. Hence it is no more a separate business entity. It is at your, the user's, discretion to proceed with accessing this website. Get Reliance Natural Resources Ltd. detailed news, announcements, ... POWER YOUR TRADE. The appointed date was January 1 2011. Mail. No: INH000000248. MUMBAI: Billionaire Anil Ambani’s Reliance Power (R-Power) will merge sister firm Reliance Natural Resources (RNRL) with itself by offering one share for every four RNRL shares in a deal that is seen as the younger Ambani’s attempt to ensure gas supplies from elder brother Mukesh Ambani’s Reliance Industries (RIL). Its current market capitalisation stands at Rs 6883.64 Cr. Its today's share price is 42.15. Read more about RNRL, Reliance Power merger swap fixed at 4:1 on Business Standard. Two Anil Ambani group companies, Reliance Power and Reliance Natural Resources, on Monday said their respective shareholders have approved merger … Company profile page for Reliance Natural Resources Ltd including stock price, company news, press releases, executives, board members, and contact information The ratio is based on the valuation made by consultancy firm KPMG, a statement issued by the two companies said.document.write("");googletag.cmd.push(function(){googletag.defineOutOfPageSlot('/6516239/outofpage_1x1_desktop','div-gpt-ad-1490771277198-0').addService(googletag.pubads());googletag.pubads().enableSyncRendering();googletag.enableServices();}); The proposed merger is subject to approvals of the shareholders of R-Power and RNRL, the stock exchanges, the High Court here, and all other requisite permissions, sanctions and approvals, it said. Company History - Reliance Natural Resources Ltd.[Amalgamated] 2000 - Reliance Natural Resources Ltd was originally incorporated on the March 24, 2000, under the Companies Act 1956 as Reliance Platforms Communications.Com Private Limited. In July 2010, the management of Reliance Power Ltd and Reliance Natural Resources Ltd. announced merger of the two companies and the share exchange ratio was later set at 1:4. Reliance Power Ltd - Scheme of Arrangement/Merger inter alia between Reliance Power Ltd and Reliance Natural Resources Ltd approved by the shareholder This Article is From Nov 23, 2011 The company was incorporated on 24 March 2000 and went public on 25 July 2005. I do not have idea about how the debentures were settled. Sunday is big business for Anil, Trading likely to be stock-specific: Analysts, ADAG commits to green energy for US Exim finance, Access Exclusive content - articles, features & opinion pieces, Weekly Industry/Genre specific newsletters - Choose multiple industries/genres, Access to 17 plus years of content archives, Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box, End of day news alerts on 5 companies (via email). No: INZ000164132, PMS SEBI Regn. Reliance Natural Resources Ltd. (Merged) was incorporated in the year 2000. The net worth of RNRL is Rs 1,900 crore, the statement said. Reliance Energy Ventures stock or share prices, Live BSE/NSE, F&O Quotes of Reliance Energy Ventures with historic price charts for NSE / BSE. Reliance Natural Resources Limited is an Indian energy company involved in sourcing, supply and transportation of gas, coal and liquid fuels. The company was incorporated on 24 March 2000 and went public on 25 July 2005. Thank you! The current status of Reliance Natural Resources Limited is - Active. Mumbai  Also get to know the Latest Financials, News, Research Reports, Recommendations and much more.. Ltd. and Atos Mercantile Pvt. Reliance Natural Resources [Amalgamated] share price live updates on The Economic Times. Its current market capitalisation stands at Rs 6883.64 Cr. A. The merger will take the market capitalisation (m-cap) of R-Power to a little over Rs 52,000 crore. Anil Ambani promoted Reliance Natural Resources Ltd. (RNRL) and Reliance Power Ltd. will be merged. Debt holdings of all the mutual funds. The Anil Dhirubhai Ambani Group's (ADAG's) gas transportation company, Reliance Natural Resources Ltd (RNRL), will merge with sister firm Reliance Power (R-Power… Reliance Power is implementing power projects with aggregate capacity of over 35,000 MW. It is a part of the Reliance Anil Dhirubhai Ambani Group. No: INA000000623, SEBI RA Regn. Technical and Commodity Calls. 5 each of RNRL. If you do not consent, do not use this website. In fact, analysts believe the deal has been done out of necessity and is earnings dilutive for RPL share holders. Reliance Industries Ltd. and its partner BP Plc of the U.K. have committed to pay in cash for any natural gas volumes they are unable to deliver to customers from the next wave of discoveries in the eastern offshore KG-D6 block. ( m-cap ) of R-Power to a little over Rs 52,000 crore email! 'S account. `` of ₹20/order or 0.05 % for Futures & Intraday live updates on validity... Is part of the company was incorporated in the year 2000 subsidiary of Reliance Capital closed 1.72 % up Rs788.55. Followed by students, academia, corporates and investors among others comprehensive and real information! Only made our resolve and commitment to these ideals stronger an encouraging response from many you... 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