Shri N. Shanker is appointed as the new Company Secretary and Compliance officer of the company owing to the resignation of Shri. Swantaka Kumar Sethi according to Reliance Industries Infrastructure Ltd. Mr. Sethi had previously served as the Company Secretary and Compliance officer.
Reliance Industries Infrastructure Ltd caters to industrial infrastructure of the country. Besides, it also provides IT consulting services and leases equipments presently. Initiated in the year of 1988, the objective of this industry was to build and transport pipelines for petroleum products initially. Incorporated under the name of Chembur Patalganga Pipelines Limited, it was granted the Certificate of Commencement of Business in the year of 1989. It was renamed as CPPL LTD in the year of 1992 and later changed to Reliance Industrial Infrastructural Ltd. in 1994. Mr. Satyapal Jain and his associates were the leading promoters of this industry.
The most notable work of RIIL includes the construction of twin pipeline system measuring around 200 millimeter diameter connecting Bharat Petroleum Refinery at Mahaul to Petrochemical complex of Reliance at Patalganga. Besides, there are other renowned works of this pioneer infrastructural industry including the construction of Jackwell at river Tapi, Raw Water Pipeline system at Hazira and authorized facilities including Cathodic Protection system and Supervisory Control and Data Acquisition system. RIIL is also known for its successful completion of a 70,000 kilolitre petrochemical product storage and distribution Terminal at the Jawaharlal Nehru Port Trust Area in Maharashtra. Its operations presently include areas in Mumbai, Rasayani regions of Maharashtra, Surat and Jamnagar in Gujarat majorly.
The chief executives of the company include Mahesh K Kamdar who serves as the chairman of the company, directors - Chandra Raj Mehta, SC Malhotra, Sundeep H Junnarkar and executive director- Dilip V Dherai. There are future prospects of RIIL engaging in SEZ Projects which can boost its growth to a great extent. RIIL is known to lead the future infrastructure sector in the same way as Reliance Industries is pioneering the Oil and gas sector presently.
This Mukesh Ambani led industry has been enjoying a sound financial growth with its profit accounting to be approximately Rs. 22.47 crore in the FY09.