Reliance Infrastructure Limited — Others, 14-05-2025: Monitoring Agency Report

Reliance Infrastructure Limited has reported utilization of proceeds from its Rs. 3,014.40 Cr preferential issue of 12.56 crore convertible warrants, having received Rs. 753.60 Cr as initial payment. By quarter-end, Rs. 716.50 Cr was used mainly for business expansion through subsidiaries like Reliance Velocity and Reliance Aerostructure, and for general corporate purposes including debt reduction and working capital. No deviations or delays were noted. An unutilized balance of Rs. 37.10 Cr remains in the share application account.