Reliance Infrastructure Limited NSE:RELINFRA
Reliance Infrastructure : Media Release Reliance Infrastructure Limited Reduces Its Standalone External Debt From INR 3,831 Crore To INR 475 Crore
Source: MarketScreener
Reliance Infrastructure Limited
CIN : L75100MH1929PLC001530
Regd. Office:
Reliance Centre, Ground Floor,
19, Walchand Hirachand Marg,
Ballard Estate, Mumbai 400 001
Tel: +91 22 4303 1000
Fax: +91 22 4303 4662 www.rinfra.com
September 18, 2024 | |
BSE Limited | National Stock Exchange of India Limited |
Phiroze Jeejeebhoy Towers, | Exchange Plaza, 5th Floor, |
Dalal Street, Fort, | Plot No. C/1, G Block, Bandra Kurla Complex, |
Mumbai 400 001 | Bandra (East), Mumbai 400 051 |
BSE Scrip Code: 500390 | NSE Scrip Symbol: RELINFRA |
Dear Sir(s), |
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
We enclose herewith a copy of the Media Release being issued by the Company which is self- explanatory.
This is for your information and dissemination.
Yours faithfully,
For Reliance Infrastructure Limited
PARESH PURUSHOTTA MLAL RATHOD
Digitally signed by PARESH PURUSHOTTAMLAL RATHOD DN: c=IN, o=PERSONAL, pseudonym=2dcba419ff864ca291780065cb38443d, 2.5.4.20=347e63244a2e5df2fdee1fc1ecea7cd8acf46d3fc4 95b55fd42ceae6c71e93c7, postalCode=400089, st=MAHARASHTRA, serialNumber=a7b217d2d6dfd38c0704b010700df42e09c f739ba7a5764a4c46fddfbc70f81e, cn=PARESH
PURUSHOTTAMLAL RATHOD Date: 2024.09.18 09:56:38 +05'30'
Paresh Rathod Company Secretary
Reliance Infrastructure Limited
CIN : L75100MH1929PLC001530
Regd. Office:
Reliance Centre, Ground Floor,
19, Walchand Hirachand Marg,
Ballard Estate, Mumbai 400 001
Tel: +91 22 4303 1000
Fax: +91 22 4303 4662 www.rinfra.com
MEDIA RELEASE
RELIANCE INFRASTRUCTURE LIMITED REDUCES ITS STANDALONE
EXTERNAL DEBT FROM INR 3,831 CRORE TO INR 475 CRORE
Mumbai, September 18, 2024: Reliance Infrastructure Limited (Reliance Infra) announced that Invent Assets Securitisation and Reconstruction Private Limited, a lender to the Company, has novated certain charged securities to recover its dues. As a result, Invent ARC's entire fund based outstanding amount has been reduced to Zero.
Additionally, Reliance Infra has cleared its funded outstanding dues to Life Insurance Corporation of India, Edelweiss Asset Reconstruction Company Limited, ICICI Bank, Union Bank, and other lenders.
The Company's external debt liability is down to INR 475 crore. Consequently, the net worth of the Company will stand at ~INR 9,041 crore.
Reliance Infrastructure Limited
http://www.rinfra.com
Reliance Infrastructure Limited (Reliance Infrastructure or the Company) is engaged in the business of providing EPC services, Power distribution in Delhi and the Company is also engaged in implementation, operation and maintenance of several projects in defence sector and infrastructural areas like Metro, Toll Roads and Airports through its special purpose vehicles. It has executed the state of the art Mumbai Metro line one project on build, own, operate and transfer basis.
Follow us on:
https://twitter.com/rinfraofficial
https://www.facebook.com/relianceinfrastructure/
For further information please contact:
Daljeet Singh: 9818802509