November 23, 2024 09:33 (IST)
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Reliance Infrastructure Limited board approves preferential issue to promoters

Reliance Infrastructure Limited board approves preferential issue to promoters

Mumbai: The Board of Directors of Reliance Infrastructure Limited (RInfra) at its meeting held on Saturday approved raising of funds upto Rs. 550.56 crore by preferential allotment of upto 8.88 crore equity shares and / or warrants convertible into equivalent number of equity sharesof the Company to promoter group and VFSI Holdings Pte. Limited, an affiliate of Värde Investment Partners, LP.