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RELIANCENSEReliance Industries Limited· Petroleum ProductsHighNeutral
Announced Mon, 13 Apr, 2026 · 23:17 IST

Sale of 100% stake in Reliance Projects & Property Management Services Limited

RELIANCE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+2.2%Reaction day
₹1314.00
prior close
₹1337.00
announcement price
After-mkt
timing
Nifty 100market · index membership as recorded later (tracked since Jun 2026)+1.7%+0.5% vs market
Refineries & Marketing peers, median of 11sector+3.1%-0.9% vs sector

On the reaction day the stock moved 0.5 pts more than Nifty 100 and 0.9 pts less than its Refineries & Marketing peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.0
10m
+0.1
15m
-0.1
30m
+0.2
Sessions after the filingfrom the prior close
StockMarketvs marketSectorvs sector
Reaction day
+2.2+1.7+0.5+3.1-0.9
Next day
+2.4+1.8+0.6+2.4+0.0
2d
+3.9+2.6+1.3+3.7+0.2
3d
+3.6+2.7+0.9+3.8-0.2
4d
+3.1+3.5-0.4+5.0-1.9
5d
+3.7+3.0+0.7+4.3-0.7
1w
+1.3+0.9+0.4+5.0-3.7
15d
+9.2+2.9+6.3+4.1+5.2
1m
+1.9-0.1+2.0-3.3+5.2
2m
-0.6+1.3-1.8+2.2-2.8
3m
-1.4+2.2-3.5-4.7+3.3
UpDownMarket · Nifty 100Sector · Refineries & Marketing peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Reliance Retail Limited (RRL), a step-down subsidiary of Reliance Industries, has sold its entire 100% equity stake in Reliance Projects & Property Management Services Limited (RPPMSL) to Jaipur Enclave Private Limited for Rs. 274 crore. Following this sale, RPPMSL will no longer be a subsidiary of RIL. The buyer is not part of the promoter/promoter group/group companies of the company, and the transaction is not a related party transaction. RPPMSL contributed only Rs. 6,412.60 crore in turnover (0.06%) and Rs. 342.45 crore in net worth (0.04%) to RIL's consolidated figures for FY25, making this a very small, non-core divestment.

Likely market impact

Minimal financial impact for RIL shareholders — the divested entity is a tiny non-core subsidiary contributing negligible revenue and net worth, so the Rs. 274 crore inflow is immaterial to the stock. This appears to be routine portfolio cleanup rather than a strategic shift.