Reliance Infrastructure Limited — Others, 14-08-2025: Monitoring Agency Report
14-08-2025 | 08:35 pm
14-08-2025 | 08:35 pm
Reliance Infrastructure's monitoring agency has reported on the utilization of proceeds from its preferential issue of convertible warrants. The company had an issue size of Rs. 3,014.40 crore. As of the recent quarter's end, Rs. 978.60 crore from this issue has been received and fully utilized. The report confirms zero deviation from the stated purposes. Funds were deployed for business expansion, including an investment in its defence subsidiary, and for general corporate requirements such as operational expenses. This demonstrates the company's diligent capital deployment.
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