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RELIANCE INFRASTRUCTURE LTD. - Reliance Infrastructure Ltd reply to clarification sought by the exchange
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01 Oct 2015
The Exchange had sought clarification from Reliance Infrastructure Ltd with respect to news article appearing in Mint on October 1, 2015 titled &quot;R-Infra looking for investor of cement and road business&quot;&lt;BR&gt;&lt;BR&gt;Reliance Infrastructure Ltd replied stating &quot;We invite your attention to our letter dated October 1, 2015 - the gist of the Chairman&apos;s comments at the 86th Annual General Meeting held on September 30, 2015. The second item of the gist of the comments relates to the Company&apos;s interest in exploring opportunities in the Smart Cities to be set up by the Government. In this item, the following Chairman&apos;s comment is disclosed.&lt;BR&gt;&lt;BR&gt;&quot;Keeping above in mind, all strategic options will be explored for cement &amp; roads business with investment of over Rs.15,000 crore. The proceeds will help in reducing debt.&quot;&quot;
View all announcements for RELIANCE INFRASTRUCTURE LTD. Source: BSE India