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SREI Infrastructure Finance - Three bidders in fray for Srei group companies

Lenders are also exploring the possibility of offloading the accounts to asset restructuring companies

Reliance Infra raises Rs 550 56 cr through preferential allotment of securities

Reliance Infra raises Rs 550.56 cr through preferential allotment of securities Reliance Infrastructure is developing projects through various special purpose vehicles (SPVs) in several high growth sectors such as power, roads and metro rail in the infrastructure space and the defence sector The funds would be utilised for long-term resources for general corporate purposes (Source: PTI) PTI Updated Jul 20, 2021, 8:08 AM IST Reliance Infrastructure Ltd on Monday said it has raised Rs 550.56 crore through issuance of securities on preferential basis. Post allotment, the holding of the promoter group in Reliance Infra would increase to 22.06 per cent upon full conversion of warrants, the company said in a statement.

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