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The latest update is out from Reliance Infrastructure Limited ( (IN:RELINFRA) ).
Reliance Infrastructure Limited has announced a final hearing date for the Scheme of Arrangement between itself and Reliance Velocity Limited, scheduled for July 30, 2025, before the National Company Law Tribunal in Mumbai. This scheme is significant as it involves the merger of Reliance Velocity Limited into Reliance Infrastructure Limited, which could potentially impact the company’s market positioning and shareholder interests.
More about Reliance Infrastructure Limited
Reliance Infrastructure Limited operates in the infrastructure sector, focusing on the development, construction, and operation of infrastructure projects across various segments such as power, roads, and metro rail. The company is a part of the Reliance Group, which is a prominent player in the Indian market.
Average Trading Volume: 503,296
Current Market Cap: 145.2B INR
See more insights into RELINFRA stock on TipRanks’ Stock Analysis page.