NCLT admits SU Toll Road Pvt Ltd under CIRP

The Hon'ble National Company Law Tribunal, Mumbai bench, vide its order dated August 18, 2025, has admitted the Petition under Section 7 of the Insolvency and Bankruptcy Code, 2016 filed by State Bank of India under Corporate Insolvency Resolution Process (CIRP), against SU Toll Road Private Limited, a wholly owned subsidiary of the Company, for a claim amount of INR 358.70 crore (including interest). The concession period is valid upto January 14, 2033. The company's entire exposure is already provided for and accordingly no impact is envisaged.

Shares of Reliance Infrastructure Limited was last trading in BSE at Rs. 262.40 as compared to the previous close of Rs. 260.00. The total number of shares traded during the day was 147096 in over 2582 trades.

The stock hit an intraday high of Rs. 272.00 and intraday low of 259.00. The net turnover during the day was Rs. 38975391.00.

Source : Equity Bulls

Keywords

RelianceInfrastructure INE036A01016 SUTollRoad Insolvency CIRP NCLT