Reliance Infrastructure Ltd News

Jai Corp, Zaggle, Kitex, CSL from BSE SmallCap freeze in lower circuits

Kitex Garments, Reliance Infra, GVK Power, PC Jeweller, Motisons Jewellers, Black Box, Borosil Renewables, Mercury EV-Tech and EKI Energy were also locked in their respective lower circuits

Suzlon, RInfra, GMR Power, Sequent among 317 stocks locked at upper circuit

63 Moons, Mercury Ev-Tech, Axiscades, JSW Holdings, Indo Tech Transformers, Zaggle, Motisons, Sunflag Iron and EPACK Durable from the BSE Smallcap index were locked at 5% upper limit on Wednesday.

SC reverses NCLAT order, restores claims of 4 lenders of Reliance Infratel

During the insolvency process, the resolution professional had admitted the claims of these four entities as lenders

Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 mn

NMIIA operates an industrial area located in Mumbai, India's financial hub and the capital of the western state of Maharashtra.

SC issues contempt notice to R Infra arm, Axis Bank over DMRC refund case

A bench of the court issued the notice to the parties for disobeying the court's orders to refund the money to DMRC that it had deposited in the escrow account

Reliance Power, R-Infra reconstitute boards with four new directors

The companies elevated their four senior officials to the board

RInfra to invest Rs 10,000 crore in Maharashtra defence project

The new export-oriented project will be the largest greenfield defence initiative in India undertaken by a private sector company

Reliance Infra's Rs 6,000 cr fundraising plan gets shareholders' nod

Shareholders of Reliance Infrastructure have approved the company's plan to raise Rs 6,000 crore through preferential issue of shares and qualified institutional placement (QIP) route. Both proposals have received shareholders' approval, with over 98 per cent voting in favour of the resolutions via postal ballot, the company informed in a stock exchange disclosure. Reliance Infrastructure's board, on September 19, had approved a Rs 6,000-crore fundraise plan. Of this, Rs 3,014 crore was to be raised through preferential allotment of shares or convertible warrants, while Rs 3,000 crore will be raised by QIP. In the first phase, Reliance Infrastructure is launching the Rs 3,014 crore preferential placement by issuing 12.56 crore equity shares or convertible warrants at an issue price of Rs 240 per share. Out of this, Rs 1,104 crore will be invested by the promoters of Reliance Infrastructure through promoter company Risee Infinity Private Ltd. Risee will subscribe to 4.60 crore ...

Reliance Infra up 7% as Calcutta HC upholds Rs 780 crore arbitration award

Calcutta High Court has upheld Rs 780 crore arbitration award in favour of Reliance Infrastructure in the West Bengal-based Damodar Valley Corporation dispute

HC upholds arbitral award in favour of R-Infra in judgement on DVC petition

The arbitration award is worth approximately Rs 780 crore, including accrued interest, and bank guarantees of Rs 600 crore will also be released

Reliance Infrastructure gets Rs 1,100 crore infusion from promoters

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 Infra jumps on debt reduction, fundraising plan; up 48% in 4 days

The company's Board has approved to raise Rs 3,014 crore through preferential issue. It will also consider a QIP worth Rs 3,000 crore

Reliance Infra board approves preferential issue worth Rs 3,014 crore

Looks to raise another Rs 3000 cr from QIP

RInfra pares debt by 87% to Rs 475 cr; clears dues with banks and ARCs

RInfra said, "Invent Assets Securitisation and Reconst­ruction Private has novated certain charged securities to recover its dues"

Reliance Infra cuts standalone external debt by 88% to Rs 475 crore

The company recently announced its plan of raising long-term capital

Reliance Infra rises 8% on paring debt, resolving power business dispute

Reliance Infrastructure has cleared its dues to LIC, Edelweiss Asset Reconstruction Company, ICICI Bank, Union Bank, and other lenders, apart from resolving disputes related to the transfer of its Mum

Reliance Infra settles Rs 235 cr debt with Edelweiss and Rs 600 cr with LIC

Reliance Infrastructure has brought down its external debt liability to Rs 475 crore. The company's net worth now stands at approximately Rs 9,041 crore

Reliance Infrastructure gains 8% on plans to raise long-term funds

Reliance Infrastructure said a meeting of the board is scheduled for September 19 to discuss the fundraising

Rel Infra to consider raising long-term capital; board meeting on Sept 19

The company had previously raised Rs 550 crore by issuing shares on a preferential basis in July 2021

Reliance Infra board to meet on September 19 for preferential issue

The board of Reliance Infrastructure Ltd will meet on September 19 to consider a preferential issue of shares to raise funds, the firm said in a stock exchange filing on Monday. The company had raised Rs 550 crore in July 2021 by issuing shares on preferential basis, wherein promoters infused Rs 400 crore and Varde Capital Partners -- an international investor -- subscribed to shares aggregating Rs 150 crore. In the filing, the firm said its board on September 19 will "consider and approve raising of long term resources from domestic and/or global markets, inter alia, by issue of equity shares/ equity linked securities/ warrants convertible into equity shares, by way of preferential issue and/ or qualified institutional placement and/or rights issue or any other method including determination of issue price". It, however, did not disclose the amount the firm was looking to raise.