Reliance Infra raises Rs 1,910 crore
REliance Infrastructure news Reliance Infrastructure's board on Thursday gave the nod to a proposal to raise funds to the tune of Rs 6,000 crore
Mumbai-headquartered Reliance Infrastructure (also known as RInfra), part of the Reliance Group led by top businessman Anil Ambani, plans to raise Rs 3,014 crore through preferential shares and another Rs 3,
Reliance Infrastructure shares rally 12% to 52-week high on shareholders' nod for Rs 3,000 crore QIP
The preferential issue proceeds would be utilised for expansion of business operations directly or through investment in subsidiaries and joint ventures including meeting the long-term working capital requirements and for other general corporate purposes.
Anil Ambani led Reliance Infra zooms 12% after board approves Rs 3000 cr fund raising via QIP
Reliance Infrastructure shares have posted strong returns, rising 31.51% in the past month and 25.78% over six months. Year-to-date, the stock has surged 80.53%, delivering over 49.47% returns in the last twelve months,
Anil Ambani invests Rs 1,100 crore in Reliance Infrastructure
Promoters Anil Ambani and family have invested Rs 1,104 crore in the Rs 3,014 crore preferential share issue of Reliance Infrastructure. Ambani and his family, which holds 21.34% in the company has made the investment through Risee Infinity Private Limited.
Reliance Infrastructure to Raise Rs 3,014 Crore via Preferential Share Issue
Reliance Infrastructure's board approved raising Rs 3,014 crore through preferential issuance of equity shares to Risee Infinity Pvt Ltd and other investors. The issue aims to enhance the promoters' equity stake and is conducted as per SEBI regulations.
Reliance Infrastructure gets Rs 1,100 crore infusion from promoters
Of this issue, Rs 1,104 crore will be invested by the promoters of Reliance Infrastructure through the promoter company Risee Infinity Private Limited. Risee will subscribe to 46 million shares
Reliance Infra approves ₹6,000 Crore QIP
The business expects the preferred issuance to increase its net worth from over ₹9,000 Crore to over ₹12,000 Crore.
Reliance Infra to receive Rs 1,100 cr equity infusion from promoters
Anil Ambani's flagship firm, Reliance Infrastructure Ltd is set to receive Rs 1,100 crore equity infusion from the promoters and another Rs 1,910 crore from two Mumbai-based investment firms, according to a filing by the company.
Anil Ambani's Reliance Infrastructure to get equity infusion of Rs 1,100 cr from promoters
Mumbai: Anil Ambani's Reliance Infrastructure is set to receive an equity infusion of Rs 1,100 crore from its promoters and Rs 1,910 crore from two investment firms based in Mumbai, according to a stock exchange filing on Friday.
Reliance Infra raises Rs 1,910 crore; promoters to invest Rs 1,100 crore
Reliance Infrastructure Limited, part of the diversified group led by Anil Ambani, will mop up Rs 1,100 crore from its promoters and Rs 1,910 crore from two Mumbai-based investment majors. The company is raising Rs 6,
Reliance Infrastructure plans to raise ₹6,000 crore via share sales
The company said its board has also approved a plan to raise up to ₹3,000 crore via a qualified institutional placement.
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Reliance Infra shares in focus as board approves Rs 6,000 cr fundraising via preferential issue, QIP
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