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.
Reliance Infra allots 8 8 cr warrants to promoter group, Varde Investment Partners LP
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Reliance Infra raises Rs 550 56 cr via preferential allotment of securities
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