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Reliance Infrastructure LimitedOthers, 12-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

12-04-2025 · 10:18 pm

Reliance Infrastructure Limited has announced a board meeting to discuss the petition filed by State Bank of India against its wholly owned subsidiary, SU Toll Road Private Limited, under the Insolvency and Bankruptcy Code. The petition claims an amount of INR 358.70 crore (including interest). SU Toll Road plans to seek legal counsel to address this issue. While the financial implications for Reliance Infrastructure remain uncertain pending the outcome of these proceedings, the situation could pose a potential risk to investor sentiment. Investors should monitor developments closely, as this may impact the company's financial health and governance.

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