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Mukesh Ambani gets 552,000 shares in RIL rights issue, company says

Ambani's firm had on April 30 announced fundraising of Rs 53,124 crore by way of a 1:15 rights issue -- India's biggest and the first such issue by the firm in nearly three decades

Mukesh Ambani | Reliance Industries | rights issue

Agencies  |  New Delhi 

RIL Chairman Mukesh Ambani
The issue was over-subscribed 1.6 times, cumulating to an overall commitment of over Rs 84,000 crore.

Billionaire has got 552,000 shares of his flagship firm (RIL) in the just-concluded Rs 53,124-crore rights issue, according to the company’s regulatory filing on Thursday.



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First Published: Thu, June 11 2020. 12:32 IST