Reliance Industries Limited — Others, 15-02-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Reliance Industries has announced a board meeting to discuss the recent reversal by the Division Bench of the Hon’ble Delhi High Court regarding the arbitral award of approximately US $1.55 billion in favor of the company against the Government of India. This decision overturns a previous ruling, adding uncertainty to the ongoing legal battle. Reliance plans to appeal the judgment in the Supreme Court of India. The impact on the company's financial health could be significant, as investor sentiment may skew towards cautious optimism given the potential for a favorable legal resolution versus the risks of further litigation.