Shrey Equipment Finance files insolvency application against Reliance Infrastructure Limited

Reliance Infrastructure Restricted has introduced that an utility underneath part 7 of the Insolvency and Chapter Code, 2016 has been filed by the monetary creditor, particularly Shreya Tools Finance Restricted, in respect of an quantity of Rs.

To date no discover has been issued by NCLT to the Firm in respect of the above. The corporate has made this disclosure to the inventory exchanges as a precaution.

The corporate is engaged in bilateral discussions to resolve the matter outdoors the IBC and take vital steps.

Shares of Reliance Infrastructure Restricted had been buying and selling at Rs. 109.15 as in comparison with the earlier shut of Rs. 109.75. The full variety of shares traded through the day stood at 1663097 in over 4630 trades.

The inventory touched an intraday excessive. 114.50 and intraday low 108.25. Web turnover through the day was Rs. 181950686.00.

Supply: Fairness Bulls

key phrases

Reliance Infrastructure
chapter petition
ShreeEquipment Finance

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