21-September-2021
Corporate News
 
R-Infra to get Rs 7,100 crore from DMRC post SC ruling; defence manufacturing new engine of growth: Anil Ambani
15-Sep-2021

Reliance Infrastructure will receive Rs 7,100 crore from the Delhi Metro Rail Corporation (DMRC) after a recent Supreme Court judgement, the company's chairman Anil Ambani told shareholders on Tuesday. The payment from DMRC will be utilised for debt repayment and the company, which has a standalone debt of Rs 3,808 crore, will become debt free, Ambani said.

News Source:- https://economictimes.indiatimes.com/markets/companies/r-infra-to-get-rs-7100-crore-from-dmrc-post-sc-ruling-defence-manufacturing-new-engine-of-growth-anil-ambani/articleshow/86219081.cms