Anil Ambani's Reliance Infrastructure to raise over Rs 6,000 crore
Thursday, 19 September 2024 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.
Anil Ambani, the younger brother of India's richest man Mukesh Ambani with a Rs 968637 crore net worth, is scripting a massive comeback with Reliance... DNA
This resolution resulted in the release of all corporate guarantees, undertakings, and claims related to VIPL's outstanding debt of Rs 3,872.04 crore. DNA
Mathew Cyriac and Nimish Shah will invest Rs 1,814 crore in Reliance Infrastructure for a minority stake. The company is raising Rs 3,014 crore through... IndiaTimes Also reported by •DNA
Thursday, 19 September 2024
