As per the company exchange filing, Reliance Infrastructure is planning to raise Rs 6,014 crore. The purpose behind the fundraising is the expansion of the company's product portfolio and services. This will be completed through preferential issues and QIP.

The company said the proceeds from the QIP will be used for expansion of business operations directly and/or through investment in subsidiaries and joint ventures including meeting the long-term worki

Anil Ambani’s Reliance Infrastructure shares surge amid fundraising plans. Despite recent regulatory challenges, the company is exploring various options to raise capital, including issuing new shares and convertible securities.

Promoters Anil Ambani and family have invested Rs 1,104 crore in the Rs 3,014 crore preferential share issue of Reliance Infrastructure. Ambani and his family, which holds 21.34% in the company has made the investment through Risee Infinity Private Limited.

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Anil Ambani-led Reliance Infrastructure on Thursday said that its board of directors approved the raising of Rs 3,014.

Reliance Infrastructure Ltd, controlled by Anil Ambani, has significantly reduced its debt from Rs 3831 crore to Rs 475 crore after settling dues with multiple creditors. The company cleared outstanding amounts with Invent Assets Securitisation and Reconstruction,

Of this issue, Rs 1,104 crore will be invested by the promoters of Reliance Infrastructure through the promoter company Risee Infinity Private Limited. Risee will subscribe to 46 million shares

Reliance Infrastructure Limited, part of the diversified group led by Anil Ambani, will mop up Rs 1,100 crore from its promoters and Rs 1,910 crore from two Mumbai-based investment majors. The company is raising Rs 6,

Reliance Infrastructure Ltd, led by Anil Ambani, is set to receive Rs 1,100 crore from promoters and Rs 1,910 crore from two Mumbai-based investment firms. The board approved a Rs 6,000 crore fund raise plan.

Anil Ambani's flagship firm, Reliance Infrastructure Ltd is set to receive Rs 1,100 crore equity infusion from the promoters and another Rs 1,910 crore from two Mumbai-based investment firms, according to a filing by the company.