Reliance Infrastructure Ltd., founded by Anil Ambani, and Adani Electricity Mumbai Ltd. have resolved a years-long dispute over a 2017 deal involving the transfer of Mumbai's power business. Both companies agreed on September 17 to settle the matter, withdrawing all arbitration claims without any monetary exchange. Reliance Infra assured that this settlement does not affect its financial position. Following the announcement, Reliance Infra's stock surged by 7.9%, reaching ₹254.3 per share, partly due to the company's significant debt reduction from ₹3,831 crore to ₹475 crore.