Reliance Infrastructure Limited — Important, 01-08-2025: General Updates
01-08-2025 | 12:19 pm
01-08-2025 | 12:19 pm
Reliance Infrastructure clarified media claims of fund diversion, stating its exposure was ~Rs. 6,500 crore, not Rs. 10,000 crore as reported. The company confirmed this exposure was previously disclosed and has now secured a settlement through mediation to recover 100% of its ~Rs. 6,500 crore. This development is significant as it resolves a long-standing financial matter. Furthermore, Reliance Infrastructure clarified that Anil D. Ambani has not been on its Board for over three years.
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