Reliance Infra raises Rs 1,910 crore
Anil Ambani's Reliance Infrastructure To Raise Rs 6,014 Crore After Settling Disputes With Adani Group And CFM
As per the company exchange filing, Reliance Infrastructure is planning to raise Rs 6,014 crore. The purpose behind the fundraising is the expansion of the company's product portfolio and services. This will be completed through preferential issues and QIP.
Reliance Infrastructure to seek shareholders' nod for Rs 3,000-crore QIP
The company said the proceeds from the QIP will be used for expansion of business operations directly and/or through investment in subsidiaries and joint ventures including meeting the long-term worki
Reliance Infra share: Anil Ambani-owned stock jumps 6% on fundraise buzz
Anil Ambani’s Reliance Infrastructure shares surge amid fundraising plans. Despite recent regulatory challenges, the company is exploring various options to raise capital, including issuing new shares and convertible securities.
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.
Anil Ambani's Reliance Infrastructure and Reliance Power slash debt by a cumulative ₹7,220 crore
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Reliance Infra pares debt to Rs 475 crore after settlement with ARCs, LIC
Reliance Infrastructure Ltd, controlled by Anil Ambani, has significantly reduced its debt from Rs 3831 crore to Rs 475 crore after settling dues with multiple creditors. The company cleared outstanding amounts with Invent Assets Securitisation and Reconstruction,
Anil Ambani-led Reliance Infra reduces external debt from Rs 3,831 crore to Rs 475 crore
Reliance Infrastructure has significantly reduced its standalone external debt to Rs 475 crore. Consequently, the net worth of the company will stand at around Rs 9,041 crore.
Reliance Infra to raise 6,014 crore via QIP, preferential issue
Reliance Infrastructure informed that its board has approved raising of funds up to Rs 3,000 crore through qualified institutional placement (QIP) and upto Rs 3,014.40 crore through preferential allotment,
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,
Anil Ambani's Reliance Infra to get Rs 1,100 crore equity infusion from promoters
Reliance Infrastructure Ltd, led by Anil Ambani, is set to receive Rs 1,100 crore from promoters and Rs 1,910 crore from two Mumbai-based investment firms. The board approved a Rs 6,000 crore fund raise plan.
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
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Reliance Infrastructure Slashes Debt by 87%
Anil Ambani's Reliance Infrastructure Ltd reduced its standalone debt from Rs 3,831 crore to Rs 475 crore by settling dues ...
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Reliance Infra shares hit 20% upper circuit. What's next?
The sharp uptick in Reliance Infra’s share price followed the company’s announcement of a significant reduction in its ...
Stocks to Watch: Reliance Infra, NTPC, PowerGrid, IIFL Finance, VST Industries and more
IIFL Finance Ltd announced on Thursday that the Reserve Bank of India (RBI) has lifted the restrictions on its gold loan ...
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Reliance Infrastructure Slashes Debt, Shares Surge 20%
Shares of Reliance Infrastructure Ltd soared 20% after the company reduced its standalone debt by 87% to Rs 475 crore. The ...