Reliance Infrastructure Share Price Hit 5% Upper Circuit; Shareholders Approve FCCB Plan

It was quoted at ₹173.20, locked in the 5% upper circuit on the NSE. The company has announced a series of major corporate updates, including shareholder approval for key fundraising measures and clarification on regulatory asset attachment reports.

Shareholders Approve FCCB Issuance and Borrowing Powers

On December 18, 2025, Reliance Infrastructure released the results of a postal ballot conducted through e-voting, confirming shareholder support for two special resolutions.

The first resolution, allowing the issuance of Foreign Currency Convertible Bonds (FCCBs) or other securities, received approval from 97.94% of participating shareholders. The second resolution, enabling enhanced borrowing powers, passed with 89.42% votes in favour.

The voting process was scrutinised by Shri Anil Lohia of M/s. Dayal & Lohia, covering a shareholder base of 739,306 members as of the November 14, record date. These approvals strengthen Reliance Infrastructure’s financial flexibility, supporting its ongoing infrastructure projects across Power, Roads, Metro Rail, and Defence sectors.

Clarification on ED Provisional Asset Attachment

On December 5, 2025, the company issued a media release addressing reports regarding the Enforcement Directorate’s provisional attachment of assets valued at ₹10,117 crore under the Prevention of Money Laundering Act (PMLA).

Reliance Infrastructure clarified that ₹8,078 crore of these assets relate to Reliance Communications Limited, a company that has been outside the Reliance Group since 2019. Reliance Infrastructure emphasised several key points to safeguard shareholder confidence:

• Reliance Communications: Under the control of a Resolution Professional, overseen by NCLT and a creditors’ committee led by SBI, and completely independent from Reliance Infrastructure.
• Reliance Infrastructure’s Exposure: Only ₹339 crore and approximately ₹330 crore in non-core assets are related to the company itself.
• Independent Companies: Assets worth ₹582 crore belong to entities with no Reliance Group involvement.
• Leadership Update: Mr. Anil D. Ambani has not served on Reliance Infrastructure’s Board of Directors for over three and a half years.

Reliance Infrastructure confirmed that it continues to operate normally, remains financially stable, and is committed to protecting the interests of more than seven lakh shareholders.

Reliance Infrastructure Hit 5% Upper Circuit on Friday

Reliance Infrastructure share continued its 6-day rally on Friday, hitting the 5% upper circuit on the NSE at ₹173.20, supported by recent shareholder approvals and clarity on regulatory asset attachment matters.