Reliance Infrastructure's board has approved a key amendment to its Scheme of Arrangement with wholly-owned subsidiary Reliance Velocity. The 'Appointed Date' for this scheme is now shifted from March 31, 2025, to the 'Effective Date.' This operational adjustment aims to streamline the internal corporate restructuring between Reliance Infra and its subsidiary. Investors should note this move, as it clarifies the timeline for the arrangement, pending required approvals. It's a procedural step enhancing clarity for the ongoing group re-organization.