Reliance Infrastructure has won against Delhi Metro Rail Corporation as the Supreme Court upheld Arbitral Award in favour of Delhi Airport Metro Express Private Limited (DAMEPL) – a Reliance Infra arm that used to operate Delhi Airport Metro Line: Anil Ambani at #RelianceAGMs2021
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As a result of Supreme Court Judgement, DAMEPL will receive a sum of Rs 7100 Cr from DMRC, that will be utilized to repay the debt of Reliance Infra and the company will become debt free: Anil Ambani at #RelianceAGMs2021
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Last AGM RInfra Chairman announced that the promoters will be increasing their shareholding in the Company: Anil Ambani at #RelianceAGMs2021
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The preferential issue of over Rs. 550 crore comprising of 8.88 crore warrants of Rs. 62 each, convertible into equity to increase the promoter holding to 22.06%: Anil Ambani at #RelianceAGMs2021
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Reliance Power – Reliance Infra and other Promoters have increased stake by converting Rs. 1325 crore ICD. The current holding is 24.98%, the holding will to go up to 38% on conversion of warrants: Anil Ambani at #RelianceAGMs2021
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During the last year, Reliance Infra has successfully completed 100% stake sale of Delhi Agra Toll Road to Cube Highways and Infrastructure III pvt Ltd for Rs 3600 Cr: Anil Ambani at #RelianceAGMs2021
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During Last year, Reliance Infra has successfully completed entire 74% stake sale in Parbati Koldam Transmission Company Limited to India Grid Trust for Enterprise value of Rs 900 Cr: Anil Ambani at #RelianceAGMs2021
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During last year, Reliance Infra has successfully completed the sale of the Commercial property at santacruz under a composite transaction for sale, buyback and lease of the said property: Anil Ambani at #RelianceAGMs2021

Sep 14, 2021 · 11:25 AM UTC

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These sales proceeds have resulted in debt reduction by 35%: Anil Ambani at #RelianceAGMs2021
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Reliance Infra’s new growth engines to be Power distribution business as the new Electricity Act will be opening up plethora of opportunities; New Contracts in EPC Business; and Defence manufacturing business: Anil Ambani at #RelianceAGMs2021
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