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

12-12-2024 | 06:57 pm

Reliance Infrastructure Limited reports that the Hon'ble Supreme Court issued a notice to the Managing Director of Delhi Airport Metro Express Pvt. Ltd. (DAMEPL) and Axis Bank regarding potential contempt proceedings for not adhering to a previous judgment. Notably, Reliance Infrastructure is not involved in this case and bears no related liability, as it has not received any funds from the Delhi Metro Rail Corporation (DMRC) or DAMEPL. With financial implications currently unclear, this situation remains a neutral impact for investors, though it could impact DAMEPL's operations.

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