Reliance Infrastructure Limited — Others, 10-06-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
10-06-2025 | 07:03 pm
10-06-2025 | 07:03 pm
Reliance Infrastructure has shared a Bombay High Court order in a dispute involving Mumbai Metro One Pvt Ltd (MMOPL), a joint venture with MMRDA. MMOPL was awarded about Rs. 411.7 Cr for cost overruns and delays in the metro rail project. The Court denied MMRDA’s request to stay payment without deposit, requiring full payment plus interest to pause execution. This case underscores ongoing challenges related to project cost management and stakeholder governance, impacting the company’s operational and financial landscape.
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