RELINFRANSEReliance Infrastructure Limited· PowerLowNeutral
Announced Sun, 24 Aug · 15:50 IST

Reliance Infrastructure Limited has informed the Exchange regarding a press release dated August 24, 2025, titled "Media Release".

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Reliance Infrastructure has issued a media release clarifying that the Bank of India's recent action to classify the loan account of Reliance Communications Limited, Mr. Anil D Ambani, and Ms. Manjari Kacker as fraud has no impact on Reliance Infrastructure's business operations, financial performance, shareholders, employees, or stakeholders. The company stated that Reliance Infrastructure is a separate and independent listed entity with no business or financial linkage to Reliance Communications. The original fraud matter dates back about 10 years, and SBI (the lead bank) has already withdrawn a similar show cause notice against Ms. Kacker and other directors. Mr. Anil D Ambani has not been on Reliance Infrastructure's board for over 3.5 years. Reliance Communications is currently under the supervision of a Committee of Creditors led by SBI and a Resolution Professional, with the matter sub judice before NCLT and the Supreme Court for the past six years.

Likely market impact

This is a defensive clarification aimed at preventing any negative market reaction or confusion among shareholders by distancing Reliance Infrastructure from the legal troubles of a related but legally separate group company. Shareholders should view this as a reassurance that the company sees no direct financial or operational contagion from the RCom matter.