Reliance Infrastructure has signed a settlement agreement with J.C. Flowers Asset Reconstruction (JCF ARC) in settlement of the entire obligations with respect to its borrowings. Till the time the loans are settled in terms of this Agreement, legal proceedings initiated in this connection would be in abeyance.
JCF ARC does not hold any share in the Company and is neither a related party nor part of the promoter group.
Reliance Infrastructure (RInfra) is one of the largest infrastructure company, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors within the infrastructure space such as Power, Roads, Airport, Metro Rail and Defence. The company is having presence across the value chain of power business and also provides Engineering and Construction (E&C) services for various infrastructure projects.
| Company Name | CMP |
|---|---|
| NTPC | 400.00 |
| Tata Power | 441.35 |
| Adani Power | 227.50 |
| Power Grid Corp | 319.25 |
| Torrent Power | 1722.35 |
| View more.. | |
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