The company said its board has also approved a plan to raise up to ₹3,000 crore via a qualified institutional placement.
Reliance Infrastructure to receive ₹1,100 crore equity infusion from promoters and ₹1,910 crore from investment firms.
Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News ...
The development assumes significance as Reliance Infrastructure has already cleared its funded outstanding dues to companies ...
Reliance Infrastructure aims to raise Rs 6,014 crore to support its expansion plans. Initially, it will secure Rs 3,014 crore ...
Anil Ambani's Reliance Infrastructure Ltd reduced its standalone debt from Rs 3,831 crore to Rs 475 crore by settling dues ...
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 ...
Shares of Reliance Infrastructure ended on a flat note on Thursday at Rs 284.75 on BSE. Market cap of the firm stood at Rs 11 ...
The company said the proceeds from the QIP will be used for expansion of business operations directly and/or through ...
Reliance Infrastructure has significantly reduced its standalone external debt to Rs 475 crore. Consequently, the net worth ...
Shares of Reliance Infrastructure Ltd soared 20% after the company reduced its standalone debt by 87% to Rs 475 crore. The ...