Reliance Infra raises Rs 550.56 cr via preferential allotment of securities || Hybiz tv


Reliance Infrastructure Ltd on Monday said it has raised Rs 550.56 crore through issuance of securities on preferential basis. Post allotment, the holding of the promoter group in Reliance Infra would increase to 22.06 per cent upon full conversion of warrants, the company said in a statement.”Consequent to approval from members, through postal ballot, Reliance Infrastructure Ltd (Reliance Infra) has today allotted 8.88 crore warrants convertible into equivalent number of equity shares of the company to Risee Infinity Private Ltd, a promoter group company and VFSI Holdings Pte Limited, an affiliate of Varde Investment Partners, LP,” the statement said.
#Reliance #RelianceInfra #Stock #Hybiz

HyBiz Tv is India’s most watched Digital Business Channel with over One Million regular viewers. In the 11 years of its existence, HyBiz Tv has provided a platform for business houses to promote, project and propagate their products and services. Corporate videos, promotional videos, interviews, ad- films, events coverage, current relevant news, meaningful discussions on contemporary subjects have given the audience relevant content which has helped in the rapid growth of the viewership. Clients from both the Telugu states and across the country have reaped rich dividends by engaging HyBiz Tv and now this has spread all over the country..
► Watch More Business Videos at India’s Leading online business channel
► like us on Facebook:
► Watch More Videos on
► Subscribe to HYBIZTV Channel:
►Follow us on Twitter