Pursuant to Regulation 30 of the Listing Regulations, Reliance Infrastructure has informed that on December 20, 2024 it is in receipt of an arbitral award dated December 18, 2024 (Award) passed by an arbitral tribunal in the matter of arbitration between Aravali Power Company (“PCPL” and the Company in relation to a EPC Contract. A three-member arbitral tribunal by a 2:1 majority held in favour of APCPL. The Award against the Company is a for sum of around Rs 494 crore along with interest.
The above information is a part of company’s filings submitted to BSE.
