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krisdom
RELINFRA
As per reports, a two-judge panel of the Supreme Court has upheld an arbitration award from 2017 in favour of Reliance Infra. The stock was locked at its 5% upper circuit today.
As per the company, the award is worth over ₹4,660 crore including interest. It will use the proceeds to repay lenders, after which they are likely to be removed from the category of non-performing-assets.
Sep 9 8:41 PM
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NSE:RELINFRA price when posted: 105.7