Reliance Infrastructure Limited — Others, 24-05-2025: News Verification

Reliance Infrastructure has announced a board meeting on the financial results for the quarter and half-year. Its subsidiary, Reliance Defence, is exploring a non-binding memorandum of understanding with Rheinmetall for ammunition and explosives supply. The parent company clarified it is not directly involved in these talks, and the financial impact remains uncertain. This development shows Reliance Defence's push to expand its defense business, but the effects on Reliance Infrastructure’s overall operations and financials are still unclear.