Reliance Infrastructure Limited — Others, 24-10-2024: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Reliance Infrastructure's subsidiary, GF Toll Road Pvt. Ltd., has entered the Corporate Insolvency Resolution Process (CIRP) after the National Company Law Tribunal admitted a petition from Bank of India for outstanding debts of INR 73.09 crore. Concurrently, a petition by Indian Bank against GF Toll Road was dismissed. Reliance Infrastructure’s total exposure is approximately INR 349 crore, influenced by ongoing legal proceedings and pending resolutions regarding debts.