Thursday, January 16, 2025

Anil Ambani’s Reliance Infrastructure to raise over Rs 6,000 crore

Thursday, September 19, 2024, 23:20
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Reliance Infrastructure under Anil Ambani seeks to raise Rs 6,014 crore to fund its expansion. The initial phase involves raising Rs 3,014 crore through a preferential issue followed by another Rs 3,000 crore via qualified institutional placement. Investors Mathew Cyriac and Nimish Shah are set to invest Rs 1,814 crore for a minority stake.

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