Anil Ambani The company Reliance Infrastructure said on Monday that it had paid a full payment of Rs 92.68 crore to Dhursar Solar Power Private Limited. This payment has neutralized the NCLT order to initiate bankrupt proceedings against the company. Reliance Infra told the stock market, “The company has paid a full payment of Rs 92.68 crore to Dhursar Solar Power Private Limited for the claim of fee as per the energy purchase agreement.”
Who filed the insolvency petition for Reliance Infrastructure
Reliance Infrastructure stated that they would appeal before NCLAT and demand withdrawal of the order of NCLT Mumbai on May 30, 2025 of NCLT Mumbai to start the corporate insolvency solution process. The company said, “Complete payment has already been made, so the order of NCLT has become ineffective as per the advice.” The Mumbai bench of the National Company Law Tribunal (NCLT) accepted the insolvency petition against the company. This petition was filed by IDBI Trustee Services Limited.
How is the company’s shares
Let us tell you that on Monday, there was a tremendous rise in the shares of Reliance Infrastructure. Yesterday, the company’s shares were closed at Rs 356.95 with a stormy rapid rapid increase of Rs 26.15 (7.91%) on BSE. With this speed, Reliance Infra’s shares have reached very close to their 52 weeks high. The company’s shares have 52 weeks high of Rs 359.50, while its 52 week is Rs 143.70. According to BSE data, the current market cap of this company of Anil Ambani is Rs 14,139.90 crore.
Reliance Infrastructure shares are still seeing a steady boom. In the last 1 week, the company’s shares have increased by 20.64 percent, 41.87 percent in the last 1 month, 65.98 percent in the last 3 months, 29.46 percent in the last 6 months and 99.36 percent in the last 1 year.
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