Anil Ambani-led Reliance Infrastructure today said it has acquired 51 per cent of Reliance Cementation from its group company Reliance Natural Resources (RNRL).

"The company has acquired 51 per cent of Reliance Cementation from RNRL. Consequently Reliance Cementation has become a subsidiary of the company," Reliance Infrastructure said in a filing to the Bombay Stock Exchange.

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In a separate filing to the exchange, the ADAG firm said it has appointed Price Waterhouse and Chaturvedi & Shah chartered accountants as the auditors of the company.

Besides, Reliance Infra said its board of directors would meet on July 30 to consider and approve the financial results of the company for the quarter ended June 30, 2009.

Shares of Reliance Infra today closed at Rs 1,129.20, down 0.59 per cent on the BSE.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

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