Reliance Infrastructure announced that Mumbai Metro One (MMOPL), a joint venture of the Company with Mumbai Metropolitan Regional Development Authority (MMRDA) (where the Company holds 74% and MMRDA holds 26%), has yesterday received a Notice of Assignment dated 27 December  2024 from Canara Bank (Lead Bank) that it along with Indian Bank, Bank of Maharashtra, State Bank of India and IDBI Bank (collectively the Domestic Lenders) have assigned their entire rupee loan exposure(s) in MMOPL to National Asset Reconstruction Company, through the transparent and competitive process as per Reserve Bank of India`s guidelines.Powered by Capital Market - Live News

Net profit of Reliance Infrastructure reported to Rs 4082.53 crore in the quarter ended September 2024 as against net loss of Rs 294.06 crore during the previous quarter ended September 2023. Sales rose 1.48% to Rs 7258.49 crore in the quarter ended September 2024 as against Rs 7152.55 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales7258.497152.55 1 OPM %8.429.20 - PBDT226.35268.67 -16 PBT-128.79-118.30 -9 NP4082.53-294.06 LP Powered by Capital Market - Live News

Reliance Infrastructure will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live News

Reliance Infrastructure today announced setting up of the largest Integrated project for manufacturing of explosives, ammunition and small arms in Ratnagiri, Maharashtra. The company has been allotted 1000 acres of land in Watad Industrial Area of Ratnagiri, Maharashtra to develop Dhirubhai Ambani Defence City (DADC). DADC will be the largest greenfield project in defence sector in India by any private sector company.Reliance Infrastructure will invest over Rs. 10,000 crore over the next 10 years. Reliance Infrastructure through its subsidiaries has exported defence equipment worth more than Rs. 1,000 crore over a period of time. Reliance Infrastructure`s wholly owned subsidiaries Jai Armaments and Reliance Defence already have license from Govt of India for manufacturing of arms and ammunitionPowered by Capital Market - Live News

Reliance Infrastructure will hold a meeting of the Board of Directors of the Company on 1 October 2024.Powered by Capital Market - Live News