Infomerics Valuation submitted a SEBI-mandated monitoring report on Reliance Infrastructure's ₹3,014.40 crore preferential warrant issue for Q4 FY26.
The report confirms no proceeds were utilized in Q4 and declares zero deviation from the objects stated in the offer document.
A key disclosure notes that all outstanding warrants lapsed in April 2026 after the conversion period expired.
The entire ₹978.60 crore received to date has been fully utilized, with ₹685.25 crore for general corporate purposes and ₹293.35 crore for business expansion.