Reliance Infra Becomes First Private Firm to Develop Next-Gen 155mm Artillery Shells

Reliance Infrastructure Ltd. has confirmed the development of next-gen 155mm artillery shells by one of its defense subsidiaries in collaboration with the DRDO project of the Government of India. The activities are part of the company's regular operations and there were no negotiations involved. The company has made necessary disclosures to the stock exchanges as required. The impact of this development is not yet ascertainable as there is no order from the Indian Army for the ammunition under development.