MoneyWorks4Me

Reliance Industries’ arm sells 100% equity stake in RPPMSL

14 Apr 2026 Evaluate

Reliance Industries’ step-down subsidiary -- Reliance Retail (RRL) has sold its 100% equity stake in Reliance Projects & Property Management Services (RPPMSL) to Jaipur Enclave (Buyer) for an aggregate consideration of Rs 274 crore. Consequently, RPPMSL has ceased to be a subsidiary of the company.

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

Peers
Company Name CMP
Reliance Industries 1175.50
Indian Oil Corpn. 131.55
Bharat PetroleumCorp 298.10
HPCL 344.40
MRPL 165.00
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