Reliance Industries announces the amalgamation of 16 step-down wholly-owned subsidiaries with Reliance New Energy Limited (RNEL). The amalgamation, effective January 21, 2026, involves companies focused on power electronics, hydrogen, and new energy projects. This move streamlines the corporate structure and consolidates Reliance’s renewable energy initiatives under RNEL, as approved by the Regional Director, Western Region.
Subsidiary Consolidation
Reliance Industries Limited has announced the amalgamation of 16 of its step-down wholly-owned subsidiaries with Reliance New Energy Limited (“RNEL”). This strategic move aims to consolidate the company’s renewable energy initiatives under a single entity.
Amalgamated Subsidiaries
The subsidiaries involved in the amalgamation cover a range of activities within the renewable energy sector:
- Reliance Power Electronics Limited
- Reliance Electrolyser Manufacturing Limited
- Reliance Green Hydrogen and Green Chemicals Limited
- Reliance New Power Electronics Limited
- Reliance New Energy Storage Limited
- Reliance Carbon Fibre Cylinder Limited
- Reliance New Energy Carbon Fibre Cylinder Limited
- Reliance Hydrogen Electrolysis Limited
- Reliance New Energy Hydrogen Electrolysis Limited
- Reliance New Energy Power Electronics Limited
- Reliance Hydrogen Fuel Cell Limited
- Reliance New Energy Hydrogen Fuel Cell Limited
- Kutch New Energy Projects Limited
- Reliance Petro Materials Limited
- Kalamboli East Infra Limited
- Kalamboli North Third Infra Limited
Effective Date
The amalgamation is effective as of January 21, 2026. This decision was made pursuant to the order of the Regional Director, Western Region, Ministry of Corporate Affairs, signaling a formal restructuring of Reliance’s new energy businesses.
Source: BSE
