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Reliance Retail Sells RPPMSL for ₹274 Crore, Unit Exits Group
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Reliance Retail Sells RPPMSL for ₹274 Crore, Unit Exits Group
15 April 2026
Reliance Retail has divested its entire 100% stake in Reliance Projects & Property Management Services Limited (RPPMSL) for ₹274 crore to Jaipur Enclave Private Limited. RPPMSL is no longer a subsidiary of Reliance Industries Limited (RIL), marking a strategic portfolio adjustment. The subsidiary's financial contribution to RIL's consolidated figures for FY25 was minimal, with turnover contributing 0.06% and net worth 0.04%.
Reliance Retail has divested its entire 100% stake in Reliance Projects & Property Management Services Limited (RPPMSL) for ₹274 crore to Jaipur Enclave Private Limited. RPPMSL is no longer a subsidiary of Reliance Industries Limited (RIL), marking a strategic portfolio adjustment. The subsidiary's financial contribution to RIL's consolidated figures for FY25 was minimal, with turnover contributing 0.06% and net worth 0.04%.
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