Promoters to infuse Rs 1,100 crore in Reliance Infra

  • Posted on September 20, 2024
  • By Business News Today
  • 3 Views
Promoters to infuse Rs 1,100 crore in Reliance Infra

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 company plans to raise Rs 6,000 crore through preferential allotment of shares and institutional buyers. Shareholders' approval is being sought via postal ballot.
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