Reliance Infrastructure Ltd on Sunday said it has approached the market regulator, SEBI, and the stock exchanges, NSE and BSE, seeking a review of the Insolvency and Bankruptcy Code (IBC)-linked surveillance framework that has placed its shares under additional trading restrictions.
“Reliance Infrastructure Limited has submitted a formal representation to the Securities and Exchange Board of India (SEBI), National Stock Exchange (NSE), and Bombay Stock Exchange (BSE), seeking a review of the surveillance framework linked to Insolvency and Bankruptcy Code (IBC),” Reliance Infrastructure said in its exchange filing.
In a media release…