Reliance Infrastructure Limited has informed the Exchange about Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
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Reliance Infrastructure has informed the stock exchanges that the National Company Law Appellate Tribunal (NCLAT) has suspended the order passed by the NCLT Mumbai on May 30, 2025, which had admitted the company into the Corporate Insolvency Resolution Process (CIRP). The suspension comes in response to an appeal filed by the company, with the detailed NCLAT order to follow upon receipt. This is a significant relief for the company, as the insolvency admission had been initiated under case no. C.P.(IB)/624(MB)2022. The development is a continuation of the company's earlier communication dated June 2, 2025 on the same matter.
This is a major positive development for Reliance Infrastructure shareholders, as it temporarily halts the insolvency proceedings that could have led to liquidation or restructuring under creditor control. The stock may see an upward reaction, though investors should wait for the full NCLAT order and the final outcome of the appeal.