Anil Ambani-led Reliance Infrastructure has approved the creation of a new Board of Management (BOM) to boost governance and sharpen strategic oversight across its businesses.
The Board of Management will comprise the Executive Director, key managerial personnel, and senior business leaders of the company.
Reliance Infra eyes investments in defence and renewables
“The creation of the Board of Management represents a step in Reliance Infrastructure’s pursuit of stronger governance, sharper oversight mechanisms and building a more agile and future-ready organisation,” the company said in its regulatory filing.
At the meeting held on November 19, Reliance Infrastructure’s board also noted the investments to be made in future growth areas such as defence, renewable manufacturing — including solar and battery — and BSES, its power distribution business.
Reliance Infrastructure Q2FY26
In its Q2FY26 Reliance Infrastructure reported a consolidated net profit of Rs 1,911.19 crore and its consolidated profit before tax (PBT) stood at Rs 2,546 crore. The company said its standalone bank debt remains at zero, while standalone net worth stood at Rs 24,340 crore.
Share price of Reliance Infrastructure
The share price of Reliance Infrastructure has declined nearly 47.2% so far this year.