Anil Ambani’s Reliance Infrastructure raises capital of Rs 550cr
Anil Ambani’s Reliance Infrastructure (formerly Reliance Energy Limited) has raised INR 550.56 crore ($74 million) by means of issuing securities on a preferential basis. In this connection, Reliance Infrastructure issued 8.88 crore warrants convertible into an equivalent number of equity shares of the company. These were issued at a price of INR 62 per warrant […]