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Reliance Infrastructure Faces SEBI Notice Despite Settlement

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Reliance Infrastructure Faces SEBI Notice Despite Settlement

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The latest announcement is out from Reliance Infrastructure Limited ( (IN:RELINFRA) ).

Reliance Infrastructure Limited has received a Show Cause Notice from SEBI for an alleged violation of regulations, despite having settled a dispute with CLE Private Limited earlier this year. The company has stated that the settlement was fully implemented in compliance with the Mediation Act, 2023, and it plans to take appropriate legal steps in response to the notice.

More about Reliance Infrastructure Limited

Reliance Infrastructure Limited operates in the infrastructure sector, providing a range of services including power generation, distribution, and infrastructure development. The company focuses on enhancing infrastructure capabilities and has a significant presence in the Indian market.

Average Trading Volume: 188,973

Technical Sentiment Signal: Hold

Current Market Cap: 101.9B INR

Find detailed analytics on RELINFRA stock on TipRanks’ Stock Analysis page.

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