Reliance Infrastructure Limited — Board Meeting, 16-07-2025: Outcome of Board Meeting
16-07-2025 | 08:13 pm
16-07-2025 | 08:13 pm
Reliance Infrastructure has announced a board meeting where key decisions were made. The Board approved seeking shareholder authorization to raise up to ₹6,000 Cr via equity shares or equity-linked instruments (Qualified Institutions Placement/Follow-on Public Offer). Additionally, the company aims to raise up to ₹3,000 Cr through secured/unsecured non-convertible debentures on a private placement basis. These significant fundraising initiatives are intended to bolster the company's financial position, pending necessary approvals.
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