Reliance Infrastructure Limited — Others, 21-10-2024: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Reliance Infrastructure Limited has announced that Punjab National Bank has filed a petition against its wholly-owned subsidiary, SU Toll Road Private Limited, for INR 110.09 crore under the Insolvency and Bankruptcy Code. The subsidiary is seeking legal advice to protect its interests. However, the financial implications for Reliance Infrastructure are uncertain and depend on the outcome of the ongoing proceedings.