{"id":143222,"date":"2025-01-22T14:05:46","date_gmt":"2025-01-22T08:35:46","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=143222"},"modified":"2025-01-22T14:05:49","modified_gmt":"2025-01-22T08:35:49","slug":"ambani-stock-in-focus-after-incorporating-2-subsidiaries-to-expand-into-renewable-energy-sector","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/ambani-stock-in-focus-after-incorporating-2-subsidiaries-to-expand-into-renewable-energy-sector\/","title":{"rendered":"Ambani stock in focus after incorporating 2 subsidiaries to expand into renewable energy sector"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2122509479\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Ambani Group Infrastructure Company, a major player in India&#8217;s infrastructure and power sectors, is expanding into renewable energy and electric vehicles by establishing new subsidiaries. This move highlights the company\u2019s focus on innovation and sustainability in response to evolving industry trends.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3536152824\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Share Price Movement of Reliance Infrastructure<\/strong><\/h2><p>The shares of Reliance Infrastructure Ltd, around 12:30 pm,&nbsp; were trading around Rs 269.50 per share, 2.50 percent down from its previous close.<\/p><p>On Tuesday, <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/RELINFRA\" target=\"_blank\" rel=\"noreferrer noopener\">Reliance Infrastructure Limited<\/a><\/strong> announced the formation of new wholly-owned subsidiaries by two of its existing subsidiaries, aimed at expanding into the renewable energy sector.<\/p><p><strong>Here are the two companies that are incorporated by the reliance group:<\/strong><\/p><div class=\"trade-content_5\" id=\"trade-2516291037\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Reliance Energy Limited (REL)<\/strong>, <\/h2><p>A subsidiary of RIL, has incorporated two new subsidiaries- Reliance Zetta SolarTech Private Limited and Reliance Zetta Solar Private Limited<\/p><p>These companies are focused on the renewable energy sector, specifically in solar and other renewable energy generation, transmission, and distribution. They have been incorporated with a share capital of \u20b91,00,000 each, consisting of 10,000 equity shares of \u20b910 each. These entities are newly incorporated and have not yet commenced business operations. No governmental or regulatory approvals are required, and there is no related party transaction involved.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About Reliance Energy Limited<\/strong><\/h2><p>Reliance Energy Limited, a subsidiary of Reliance Infrastructure, is a key player in India&#8217;s power sector, involved in electricity generation, distribution, and transmission. The company focuses on innovation, sustainability, and renewable energy projects to provide reliable power solutions and support India&#8217;s energy infrastructure growth.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Reliance Velocity Limited (RVL)<\/strong>, <\/h2><p>Another subsidiary of RIL, has incorporated a new wholly-owned subsidiary named <strong>Reliance Green Glide Private Limited (RGGPL)<\/strong><\/p><p>RGGPL is focused on manufacturing and dealing with electric vehicles, batteries, and related components. It has also been incorporated with a share capital of \u20b91,00,000, consisting of 10,000 equity shares of \u20b910 each. Like the other subsidiaries, RGGPL has not yet started operations, and no regulatory approvals are required. This acquisition also does not fall under related party transactions.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About Reliance Velocity Limited (RVL)<\/strong><\/h2><p>Reliance Velocity Limited (RVL), a subsidiary of Reliance Infrastructure, develops and operates infrastructure projects in the transport and logistics sectors. The company focuses on highways, roads, and related infrastructure to enhance national connectivity and transportation efficiency, supporting economic growth.<\/p><div class=\"trade-content-10\" id=\"trade-3347712316\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About Reliance Infrastructure Ltd<\/strong><\/h2><p>Reliance Infrastructure Limited, part of the Reliance Group, was incorporated in 1929 and provides Engineering and Construction services in power, roads, metro rail, and other infrastructure sectors. It also operates in defense and infrastructure projects through special-purpose vehicles. The company executed the Mumbai Metro Line 1 on a build, own, operate, and transfer basis. Additionally, it is a leading utility company with a presence across the energy value chain.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By Adhvaitha Nayani<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2168994734\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Ambani Group Infrastructure Company, a major player in India&#8217;s infrastructure and power sectors, is expanding into renewable energy and electric vehicles by establishing new subsidiaries. This move highlights the company\u2019s focus on innovation and sustainability in response to evolving industry trends. Share Price Movement of Reliance Infrastructure The shares of Reliance Infrastructure Ltd, around 12:30 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":102419,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[19257,26434,20888,17375,19255,17374,26435,948,936,3157],"class_list":["post-143222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-ambani-stock","tag-reliance-energy","tag-reliance-infrastructure","tag-reliance-infrastructure-latest-news","tag-reliance-infrastructure-new-subsidiary","tag-reliance-infrastructure-share-price","tag-reliance-velocity","tag-stock-market","tag-stock-market-news","tag-stock-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ambani stock in focus after incorporating 2 subsidiaries to expand into renewable energy sector - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/ambani-stock-in-focus-after-incorporating-2-subsidiaries-to-expand-into-renewable-energy-sector\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ambani stock in focus after incorporating 2 subsidiaries to expand into renewable energy sector\" \/>\n<meta property=\"og:description\" content=\"Ambani Group Infrastructure Company, a major player in India&#8217;s infrastructure and power sectors, is expanding into renewable energy and electric vehicles by establishing new subsidiaries. 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