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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.
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,
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.
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 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.
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
Anil Ambani’s Reliance Infra looks to raise Rs 6,000 crore
Reliance Infrastructure, led by Anil Ambani, is seeking to raise Rs 6,014 crore to support its expansion plans.
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.
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.
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,
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Reliance Infra shares gain as board approves Rs 6,000 cr fundraising via preferential issue, QIP
Reliance Infrastructure aims to raise Rs 6,014 crore to support its expansion plans. Initially, it will secure Rs 3,014 crore ...
devdiscourse
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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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on MSN
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 Infra jumps on debt reduction, fundraising plan; up 48% in 4 days
The company's Board has approved to raise Rs 3,014 crore through preferential issue. It will also consider a QIP worth Rs ...
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on MSN
Reliance Infra, Reliance Power shares skyrocket as investors cheer debt settlement milestones
The development assumes significance as Reliance Infrastructure has already cleared its funded outstanding dues to companies ...
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