look news india
Anil Ambani's good days have started in the last few months. The reason for this is Anil Ambani's two companies. Anil Ambani's two companies Reliance Power and Reliance Infrastructure have become debt free. So now before Diwali a good news has come regarding Reliance Infrastructure.
The company itself gave this information
According to the information given by the company to Sharebar, both the proposals have got the approval of the shareholders. In which more than 98 percent voting took place in favor of the resolutions through postal ballot. The board of directors of Reliance Infrastructure on September 19 approved a plan to raise Rs 6,000 crore. Of this, Rs 3,014 crore was to be raised through preferential allotment of shares or convertible warrants, while Rs 3,000 crore would be raised through QIP.
stock increased
In the last six months, Reliance Infrastructure shares have given returns of about 40 percent to investors. Finally, the share of Reliance Infrastructure is seen trading at Rs 272. It is believed that this may further increase the shares of the company. Talking about Reliance Power, this company has given 46 percent return to investors in the last 6 months. Right now its current price is around Rs 41.
will expand like this
In the first phase, Reliance Infrastructure will invest Rs. 240 per share is launching a preferential placement of Rs 3,014 crore by issuing 12.56 crore equity shares or convertible warrants. Of this, Rs 1,104 crore will be invested by Raizi Infinity Private Limited, the promoter company of Reliance Infrastructure. Raiji will buy 4.60 crore shares. The other two investors participating in the preferential issue are Mumbai-based Fortune Financial & Equities Services and Florintree Innovations LLP.