Reliance Infrastructure Limited has informed the Exchange about Acquisition

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

RELINFRA · price

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Price reactionminutes from the announcement price · days from the prior close

-3.1%Reaction day

₹239.50

prior close

₹241.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.8%-2.3% vs market

Power peers, median of 35sector · industry level-2.4%-0.8% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 0.8 pts less than its Power 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

+0.9

10m

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15m

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30m

-0.3

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-3.1-0.8-2.3-2.4-0.8

Next day

-1.5-1.0-0.6-3.2+1.7

+7.3+3.6+3.6+2.5+4.7

+11.0+5.3+5.7+3.6+7.4

+13.5+7.0+6.5+5.5+8.0

+13.3+8.1+5.2+5.9+7.5

+16.3+10.2+6.0+9.6+6.7

15d

+30.7+11.8+18.9+8.4+22.4

+63.0+14.6+48.4+10.4+52.6

+55.8+15.3+40.5+8.2+47.6

+13.6+10.2+3.4+4.2+9.4

UpDownMarket · Nifty Microcap 250Sector · Power peers, median of 35Pending

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

AI summary

Reliance Infrastructure Limited is acquiring 9.55 crore additional equity shares of Reliance Power Limited for Rs. 315.15 crore in cash, by exercising rights attached to warrants previously subscribed on a preferential basis under SEBI's ICDR Regulations. Post-acquisition, RInfra's stake in Reliance Power will rise from 23.18% to 24.90%. RInfra is already a promoter of Reliance Power, and the shares are being issued upon warrant conversion rather than a fresh open market purchase. Reliance Power, a power generation company, reported a consolidated income of Rs. 6,191.39 crore for the period ended December 31, 2024, with FY24 turnover of Rs. 7,892.60 crore.

Likely market impact

This increases the promoter group's committed stake in Reliance Power without crossing the 25% open offer threshold, signalling continued promoter support for the power arm. For RInfra shareholders, it represents a Rs. 315 crore cash deployment into its group company, deepening the Reliance group cross-holding structure.