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The latest update is out from Reliance Infrastructure Limited ( (IN:RELINFRA) ).
Reliance Infrastructure Limited has announced an amendment to its Articles of Association, removing certain special rights previously held by the promoter. This move, which is subject to member approval via a postal ballot and e-voting, reflects a shift towards a more equitable governance structure. The decision is aligned with regulatory requirements and could impact the company’s governance dynamics by reducing promoter control, potentially influencing shareholder relations and market perception.
More about Reliance Infrastructure Limited
Reliance Infrastructure Limited is a major player in the infrastructure sector, focusing on developing projects in power, roads, metro rail, and defense. The company is known for its comprehensive services in engineering, procurement, and construction (EPC) across multiple sectors.
YTD Price Performance: -19.00%
Average Trading Volume: 255,805
Current Market Cap: 102.3B INR
See more data about RELINFRA stock on TipRanks’ Stock Analysis page.