More Related Content Similar to Re Pref Offer Presentation To Press 22 Feb04 (20) Re Pref Offer Presentation To Press 22 Feb042. Background Reliance Energy is India’s leading private sector utility company Serving over 25 million consumers in substantial areas of Mumbai, Delhi, Goa and Orissa 3. Background Reliance Energy is India’s leading private sector utility company Powering 2 out of 3 homes in Mumbai, and 1 out of 2 in Delhi 44. Shareholding Pattern Present Reliance Group 49.5% FIs / Banks / MFs 21.0% FIIs / GDRs 21.3% Others 8.2% Total: 100.0% Reliance’s stake reduced from 58.2% to 49.5% 49. Proposed Reliance Stake Present Proposed Reliance Group 49.5% 56.5% FIs / Banks / MFs 21.0% 21.0% FIIs / GDRs 21.3% 16.5% Others 8.2% 6.0% Reliance stake still 2% below peak levels of over 58% 50. Reduction in Free Float Present Proposed Reliance Group 49.5% 56.5% FIs / Banks / MFs 21.0% 21.0% FIIs / GDRs 21.3% 16.5% Others 8.2% 6.0% Reduction in free float from over 50% to 43% 62. Win for Customers Quality , Reliable power Competitive prices World class customer care 63. Win for the Power sector Mega investments Technology upgradation Accelerated loss reduction 64. Win for the Country World class power infrastructure Enhanced competitiveness Fiscal deficit reduction 65. Win for Reliance Group Leadership in power sector Exponential growth Enhanced profitability