Reliance Infrastructure Limited Reports Lapse of 3.35 Crore Outstanding Warrants
Reliance Infrastructure Limited has formally disclosed the lapse of 3.35 crore outstanding warrants that failed to convert within the prescribed 18-month timeframe. Company Secretary Paresh Rathod communicated this development to BSE and NSE on April 24, 2026, following previous correspondence dating back to October 2024, ensuring full regulatory compliance under SEBI's Listing Regulations.

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Reliance Infrastructure Limited has announced the lapse of outstanding warrants worth 3.35 crore, marking a significant development in the company's capital structure. The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Official Regulatory Filing
The company formally communicated the warrant lapse to both BSE Limited and National Stock Exchange of India Limited on April 24, 2026. The official letter, signed by Company Secretary Paresh Rathod, provided comprehensive details about this corporate action.
| Parameter: | Details |
|---|---|
| Outstanding Warrants: | 3.35 crore |
| Reason for Lapse: | Non-conversion during prescribed period |
| Prescribed Period: | 18 months |
| Amount Status: | Lapsed along with amount paid thereon |
| Filing Date: | April 24, 2026 |
Regulatory Compliance and Timeline
The disclosure follows a series of communications with regulatory authorities. The company referenced previous letters dated October 25, 2024 and June 18, 2025, suggesting this matter has been under consideration for several months. The formal announcement ensures compliance with SEBI's disclosure requirements and applicable SEBI circulars.
Corporate Communication Details
Reliance Infrastructure's registered office is located at Reliance Centre, Ground Floor, 19, Walchand Hirachand Marg, Ballard Estate, Mumbai 400 001. The company maintains its commitment to transparent investor communication through proper regulatory channels.
| Exchange: | Details |
|---|---|
| BSE Scrip Code: | 500390 |
| NSE Symbol: | RELINFRA |
| CIN: | L75100MH1929PLC001530 |
| Company Secretary: | Paresh Rathod |
Impact on Capital Structure
The lapse of 3.35 crore warrants represents a notable change in the company's potential equity base. Since the warrants were not converted within the 18-month prescribed period, both the conversion rights and the amounts paid for these warrants have been forfeited. This development effectively removes the potential dilution that would have occurred had the warrant holders exercised their conversion rights.
Will Reliance Infrastructure pursue alternative fundraising methods to compensate for the lost capital from the lapsed warrants?
How might this warrant lapse affect the company's credit rating and borrowing costs in future debt financing?
What impact will the reduced potential dilution have on existing shareholders' voting power and dividend expectations?

































