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RInfra shareholders with over 97% votes approve preferential issue to promoters & Varde Investment Partners

RInfra shareholders with over 97% votes approve preferential issue to promoters & Varde Investment Partners
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This stock zoomed over 200% in 6 months, doubled investor wealth in 2021

The share stood at Rs 22.85 on December 4, 2020. It has zoomed to Rs 70.5 today, translating into gains of 208.5 per cent during the period. ....

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Reliance Infra sells its Mumbai headquarters to Yes Bank for Rs1,200 cr in debt redumption

Firms/companies > R > Reliance Industries
Reliance Infra sells its Mumbai headquarters to Yes Bank for Rs1,200 cr in debt redumption
05 April 2021
The Anil Ambani-led Reliance Infrastructure has sold Reliance Centre, the premises housing the group’s headquarters, to Yes Bank for Rs1,200 crore as part of a debt repayment process.
Reliance Infrastructure Limited (RInfra) and Yes Bank Limited (Yes Bank) on Thursday announced the sale transaction of Reliance Centre, Santacruz, Mumbai to Yes Bank. The transaction value is Rs 1,200 crore, Reliance said in a stock exchange filing.
“Entire proceeds from the sale of Reliance Centre, Santacruz, is utilized only to repay the debt of Yes Bank”, as per the stock exchange filing. ....

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Reliance Infra share spikes 10% on selling Santacruz HQ to YES bank

Reliance Infra share spikes 10% on selling Santacruz HQ to YES bank
Shares of Anil Ambani-led Reliance Infrastructure rose as much as 9.98 per cent to hit intraday high of Rs 38.55 on the BSE after the firm said it has sold Reliance Center in Santacruz to YES Bank for Rs 1,200 crore
BusinessToday.In | April 1, 2021 | Updated 13:40 IST
Anil Ambani-led Reliance Infrastructure shares fall 10% on Thursday
Shares of Reliance Infrastructure Limited rallied 10 per cent on Thursday after the power generation and infrastructure firm said it has sold Reliance Center, the Mumbai headquarter of Anil Ambani s Reliance Group, to YES Bank for Rs 1,200 crore. The private lenderwill convert the building as its corporate headquarters, as per report. ....

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Reliance Infra share, Reliance Infra share price, Reliance Infra share price NSE, Reliance Infra share price history

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Reliance Infrastructure sells Santacruz centre to YES Bank
Reliance Infrastructure Limited and YES Bank Limited announced a sale transaction of Reliance Centre, Santacruz, Mumbai to YES Bank. The transaction value is Rs 1,200 crore.
Entire proceeds from the sale of Reliance Centre, Santacruz is utilized only to repay the debt of YES Bank. Reliance infrastructure limited has reduced its exposure by 50 per cent in the last 90 days.
Rinfra has closed three major transactions in the last 90 days namely sale of road assets Delhi Agra Toll Road, Transmission Asset-Parbati Koldam Transmission Company limited and sale of Reliance Centre, Santacruz. ....

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