Reliance Infrastructure Limited — Others, 14-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Reliance Infrastructure Limited has announced a board meeting to review the statement of deviation from the use of proceeds from a preferential issue of warrants, which raised ₹753.60 crore. The report for the quarter ended December 31, 2024, indicates no deviation in the utilization of these funds. The audit committee and auditors have provided no comments, reinforcing transparency in the company's financial management. This update suggests a positive outlook, as the strict adherence to the original allocation could enhance investor confidence and reflects effective governance in the company's financing strategy.