The Division Bench of the Hon'ble Delhi High Court in an appeal filed by Delhi Metro Rail Corporation (DMRC) has, vide Order dated January 15, 2019 ("Copy received by the Company on January 18, 2019") set aside the earlier Order of single judge of the Hon'ble Delhi High Court, which had upheld the arbitration award and directed DMRC to pay arbitration amounts to Delhi Airport Metro Express Private Limited (DAMEPL).
DAMEPL would be moving to the Supreme Court shortly.
Shares of RELIANCE INFRASTRUCTURE LTD. was last trading in BSE at Rs.297.25 as compared to the previous close of Rs. 296.4. The total number of shares traded during the day was 341035 in over 3937 trades.
The stock hit an intraday high of Rs. 303.85 and intraday low of 292.25. The net turnover during the day was Rs. 101897328.