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We've rejected Reliance Infra's ₹500-cr arbitration claim: Adani Transmission
short by Ashley Paul / on Monday, 12 September, 2022
Adani Transmission Ltd (ATL) on Monday said Reliance Infrastructure Ltd's ₹500-crore arbitration claim over a dispute under the share purchase agreement (SPA) in December 2021 has been rejected by it. These are afterthoughts and based on untenable positions, ATL said. It added that Reliance Infrastructure hasn't yet settled Adani Electricity Mumbai Ltd's significantly larger claims under the SPA.
read more at Moneycontrol