Reliance Infra Share Price Surges 5% After Dassault Aviation Deal and Promoter Stake Hike

Market Performance

• Reliance Infra's share price rose sharply by 5% in Thursday's trading session.
• The stock rose to ₹404 per share on the NSE, compared to its previous close of ₹386.50.
• It opened at ₹309.50, reflecting significant intraday volatility.

Recent performance of the stock:

• 1-month return: Up by 44%
• 6-month return: Gained nearly 37%

This rally comes amid a largely volatile Indian stock market environment.

Main News

Reliance Infrastructure Ltd made headlines with two significant developments:

1. Strategic Partnership with Dassault Aviation
2. Promoter Group Increases Stake via Warrant Conversion

In an official exchange filing dated June 18, the company disclosed both these significant updates.

Company Details

 Promoter Stake Acquisition

• Promoters acquired 12,500,000 equity shares through the conversion of warrants.
• This translates to a 2.55% additional stake in the company.

Entities involved in the acquisition include:

• Risee Infinity Private Limited
• Reliance Project Ventures and Management Pvt Ltd
• Reliance Innoventures Pvt Ltd
• Shri Anil D. Ambani
• Smt. Tina A. Ambani
• Shri Jai Anmol A. Ambani
• Shri Jai Anshul A. Ambani
• Smt. Kokila D. Ambani

 Deal with Dassault Aviation

• Reliance Infra's subsidiary, Reliance Aerostructure, signed a partnership with Dassault Aviation.
• The agreement involves the local assembly of Falcon 2000 business jets in Nagpur, Maharashtra.

Key highlights of the Dassault deal:

• This is the first time Dassault will assemble Falcon jets outside France.
• The final assembly will be conducted by Dassault Reliance Aerospace Ltd (DRAL).
• Dassault Reliance Aerospace Limited (DRAL) is a collaborative venture formed by Dassault Aviation and Reliance Aerospace.
• The Nagpur facility will serve as a Centre of Excellence for Falcon series jets.
• Assembly of Falcon 6X and 8X models is also planned for the future.
• The first India-made Falcon 2000 is expected to be delivered by 2028.
• The Jets will serve corporate and military clients, both domestically and internationally.

Summary of the Article

The Reliance Infra share price surged after the company announced a strategic manufacturing tie-up with Dassault Aviation and revealed a significant increase in its promoter stake. These developments signal long-term value creation and strategic capability expansion, notably through indigenous aircraft assembly.

With India joining the elite club of countries assembling business jets—alongside the US, France, Canada, and Brazil—Reliance Infra has positioned itself at the forefront of aerospace manufacturing innovation in India.