SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Delhi HC directs DMRC to take over entire debt of Reliance Infrastructure’s arm

10 Apr 2018 Evaluate

The Divisional Bench of Delhi High Court has directed Delhi Metro Rail Corporation (DMRC) to take over servicing of all debt liabilities of Reliance Infrastructure’s (RInfra) subsidiary Delhi Airport Metro Express (DAMEPL) amounting to Rs 1,618 crore.

The division bench passed the interim order on Section 37 application filed by DMRC. As per the order, DMRC will have to start servicing the DAMEPL debt to 11 banks who had lent to the infrastructure major’s subsidiary to run the Delhi Airport Metro Express line.

The DMRC had challenged a March 6, 2018 Delhi HC Single Judge order upholding the Rs 5,300 crore arbitral award, including interest, in favour of DAMEPL.

Reliance Infra Share Price

71.27 -3.75 (-5.00%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
NTPC 392.85
Tata Power 433.05
Adani Power 222.10
Power Grid Corp 310.95
Torrent Power 1678.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×