Reliance Infrastructure Limited — Others, 10-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
10-06-2025 | 02:06 pm
10-06-2025 | 02:06 pm
Reliance Infrastructure has announced a board meeting on June 14 to consider the financial results for the quarter and half-year. The Mumbai High Court has directed MMRDA to deposit ₹1,169 crore (including interest) related to an arbitration award favoring Mumbai Metro One Private Limited, the JV operating the Versova–Andheri–Ghatkopar metro corridor. This ensures the awarded amount is secured, positively affecting cash flow visibility and risk exposure for the JV shareholders, including Reliance Infrastructure’s 74% stake.
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