Reliance Infrastructure Limited — Others, 21-12-2024: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Reliance Infrastructure has announced a board meeting to discuss an arbitral award affecting the company related to an EPC contract with Aravali Power Company. The arbitral tribunal ruled in favor of APCPL, ordering Reliance Infrastructure to pay approximately ₹494 crore with interest. The company is currently reviewing the award and plans to challenge it based on legal counsel. This development could impact the company's financial standing, as it may incur significant liabilities. Investors should monitor this situation closely, as it presents both potential risks and opportunities for future operations.