RNRL Denies Rumours of Out-of-Court Settlement with RIL

Reliance Natural Resources Limited (RNRL) has informed to the NSE and BSE that: “The rumours of an imminent out-of-court settlement with RIL on our gas supply dispute are completely baseless and speculative”.

The above clarification follows a rumour in the Indian capital markets yesterday and today that some sort of out of court settlement is being worked out between Anil Ambani (RNRL) and Mukesh Ambani (RIL).