Reliance Infrastructure Receives SFIO Notice, Pledges Full Cooperation

1 min read     Updated on 19 Nov 2025, 11:15 PM
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Reviewed by
Riya DScanX News Team
Overview

Reliance Infrastructure Limited (RInfra) has received a notice from the Serious Fraud Investigation Office (SFIO) on November 18, 2025. The company has committed to fully cooperate with the investigation. RInfra disclosed this information to stock exchanges in compliance with SEBI regulations. The specific details of the information sought by SFIO have not been revealed.

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Reliance Infrastructure Limited (RInfra), a prominent player in India's infrastructure sector, has recently been served with a notice from the Serious Fraud Investigation Office (SFIO). The company has affirmed its commitment to extend full cooperation with the ongoing investigation.

Details of the Notice

According to a disclosure made by Reliance Infrastructure to the stock exchanges, the company received the SFIO notice on November 18, 2025. The notice calls for information from the company, though the specific details of the information sought have not been disclosed.

Company's Response

In response to the notice, Reliance Infrastructure has stated unequivocally that it "will extend full co-operation" to the SFIO. This commitment to cooperation demonstrates the company's willingness to engage transparently with the regulatory authorities.

Regulatory Compliance

The disclosure of this information aligns with the company's obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. It also adheres to the SEBI circulars dated November 11, 2024, and February 25, 2025, which mandate prompt disclosure of material events to the stock exchanges.

Market Impact

While the news of an SFIO investigation can often lead to market speculation, it's important to note that the receipt of a notice does not imply any wrongdoing. Investors and stakeholders are advised to await further developments and official statements from the company or regulatory bodies before drawing conclusions.

Reliance Infrastructure Limited continues to be a significant entity in India's infrastructure landscape. As this situation unfolds, the company's transparency and cooperation with the SFIO will be crucial in maintaining stakeholder confidence.

The market will likely be watching closely for any updates on this matter and its potential impact on Reliance Infrastructure's operations and financial standing.

Historical Stock Returns for Reliance Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+2.00%-58.53%-49.00%+469.34%
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Reliance Infrastructure Shareholders Approve $600 Million FCCB Issuance Plan

2 min read     Updated on 18 Nov 2025, 10:47 PM
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Reviewed by
Jubin VScanX News Team
Overview

Reliance Infrastructure has successfully obtained shareholder approval for its $600 million Foreign Currency Convertible Bonds issuance and enhanced borrowing powers through postal ballot voting. The FCCB proposal received overwhelming support with 97.94% approval, while the borrowing enhancement resolution was approved by 89.43% of valid votes, positioning the company for strategic growth in energy and defense sectors.

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Reliance Infrastructure Limited has successfully secured shareholder approval for its ambitious financial restructuring plan through postal ballot voting concluded on December 18, 2025. The company's members have approved both special resolutions that were put forth to strengthen the company's financial position and support future growth initiatives.

Approved $600 Million FCCB Issuance

Shareholders have given their approval for the issuance of Foreign Currency Convertible Bonds (FCCBs) and other securities up to $600.00 million. This strategic move is designed to augment long-term resources, enhance the company's net worth, and ensure long-term viability for growth and expansion.

The approved FCCB issuance will serve multiple purposes:

  • Meet long-term working capital requirements
  • Support capital needs of RInfra and its affiliates/subsidiaries
  • Fund general corporate purposes
  • Finance potential ventures in energy businesses and the defense sector

Enhanced Borrowing Powers Approved

In the second resolution, shareholders have also approved the enhancement of the company's borrowing capacity. The Board of Directors now has authorization to borrow funds up to five times the company's paid-up share capital, free reserves, and securities premium, providing greater financial flexibility for future growth initiatives.

Postal Ballot Results

The voting results demonstrate strong shareholder confidence in the company's strategic direction:

Resolution Total Valid Votes Votes in Favour Approval Rate
FCCB Issuance 17,68,44,990 17,32,07,609 97.94%
Enhanced Borrowing Powers 17,68,44,434 15,81,43,659 89.43%

Voting Process Details

The postal ballot process was conducted with complete transparency and regulatory compliance:

Parameter Details
E-voting Period November 19, 2025 to December 18, 2025
Cut-off Date November 14, 2025
Total Shareholders 739,306
Scrutinizer Shri Anil Lohia, M/s. Dayal & Lohia, Chartered Accountants
Results Declaration December 18, 2025

Strategic Implications

With shareholder approval secured, Reliance Infrastructure is now positioned to:

  1. Strengthen its presence across the energy business value chain
  2. Expand its footprint in the defense sector, including manufacturing
  3. Participate in opportunities under the 'Make in India' and 'Viksit Bharat' initiatives

The overwhelming approval rates, particularly the 97.94% support for the FCCB issuance, reflect strong investor confidence in the company's growth strategy and financial planning. This approval provides RInfra with the necessary tools to pursue its expansion plans and capitalize on emerging opportunities in the infrastructure and defense sectors.

Historical Stock Returns for Reliance Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%0.0%+2.00%-58.53%-49.00%+469.34%
Reliance Infrastructure
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