BSEReliance Infrastructure LtdMinimalNeutral
Announced Tue, 7 Jul · 22:56 IST

Reliance Infrastructure named accused in CBI chargesheet on RCFL matter

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Reliance Infrastructure has been informed via a CBI press release that the company has been named as an accused in a chargesheet filed in the Reliance Commercial Finance Limited matter. The disclosure is made under SEBI LODR Regulation 30. The company stated it will take all appropriate legal steps to safeguard its interests and those of shareholders and stakeholders.

Likely market impact

Negative near-term sentiment likely; legal proceedings may create uncertainty. Outcome will depend on investigation and defence.