Reliance Infrastructure Limited has informed the Exchange regarding a press release dated September 30, 2025, titled "Media Release".
RELINFRA · price
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Reliance Infrastructure has issued a media release clarifying news reports about an Enforcement Directorate (ED) survey under FEMA related to a 15-year-old matter. In 2010, the company had awarded an EPC contract for the Jaipur–Ringus Highway (JR Toll Road) to Prakash Asphaltings & Toll Highways, which it describes as a purely domestic contract with no foreign exchange involved. The work was completed long ago, and the toll road has been with NHAI for the past 4 years. The company says it has no continuing connection with the contractor. Management has stated it is fully cooperating with authorities and emphasised that the matter has absolutely no impact on business operations, financial performance, shareholders, employees, or any other stakeholders.
This is a damage-control clarification aimed at reassuring investors that the ED action relates to an old, completed contract with no ongoing business or financial implications. The stock may see short-term volatility due to the ED headline, but management's explicit 'no impact' statement may help limit downside if investors accept the clarification.