Reliance Infrastructure Limited — Others, 05-06-2025: News Verification

Reliance Infrastructure has announced a board meeting on the financial results for the quarter and half-year. The company clarified that its Defence subsidiary’s work on next-gen 155mm artillery shells with DRDO is part of regular business activities, with no current Indian Army orders or undisclosed developments. This aligns with its strategic focus on Defence, though the commercial impact is unclear. Recent stock moves appear driven by market sentiment rather than new information.