Reliance Infrastructure, through a regulatory filing on Friday, informed investors that its wholly owned subsidiary, Reliance Aerostructure Ltd (RAL), will transfer 2% equity shares in Dassault Reliance Aerospace Ltd (DRAL) to its joint venture partner, Dassault Aviation.
Following the transaction, Dassault Aviation’s stake in DRAL will increase from 49% to 51%, making it the majority shareholder, while RAL’s holding will reduce to 49%. The consideration for the sale has been pegged at around ₹175.96 crore based on independent valuation.
With this development, DRAL will cease to be a subsidiary of Reliance Infrastructure and will instead be classified as an associate company. The stake sale is expected to be complete by November 01, 2025, as per the exchange filing.
Dassault Aviation, a French company engaged in the businesses of military and business jets and is the integrator of Rafale & Falcon aircraft, as well as the manufacturer of airframes and subsystems of these aircraft. The buyer does not belong to the promoter/promoter group companies.
The filing showed that Dassault Reliance Aerospace contributed a turnover of ₹69.93 crore in FY25, about 0.23% of Reliance Infra’s consolidated revenues, and had a net worth of ₹47.13 crore, about 0.33% of consolidated net worth at the end of March 31, 2025.
