Anil Ambani, Reliance Infrastructure
Anil Ambani's Reliance Infra gets much needed shot in the arm as promoters to infuse this much amount via equities
Reliance Infrastructure Ltd, the flagship company of Anil Ambani, 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.
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.
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 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 with Life Insurance Corporation of India, ICICI Bank, and other lenders. The company's net worth now stands at Rs 9,
Anil Ambani's Reliance Infrastructure and Reliance Power slash debt by a cumulative ₹7,220 crore
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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 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 firm's market valuation increased significantly, and it resolved dues with major lenders,
Anil Ambani's Reliance Power settles Rs 3872 crore loan; earns 'zero debt’ status
Reliance Power Limited is part of the Reliance Group, backed by Anil Ambani and is India’s leading private power generation and coal resources company.
Reliance Power settles obligations worth Rs 3,872 crore, achieves debt-free status; shares hit upper circuit
Reliance Power's obligations as a guarantor on behalf of Vidarbha Industries Power have been fully settled, resulting in the release of all obligations related to the debt of Rs 3,872.04 crore.
REliance Infrastructure news Reliance Infrastructure's board on Thursday gave the nod to a proposal to raise funds to the tune of Rs 6,000 crore
Mumbai-headquartered Reliance Infrastructure (also known as RInfra), part of the Reliance Group led by top businessman Anil ...
Reliance Infra shares in focus 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 ...
Promoters to infuse ₹1,100 crore in Reliance Infra
Reliance Infrastructure to receive ₹1,100 crore equity infusion from promoters and ₹1,910 crore from investment firms.
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 ...