R-Infra gets shareholders nod to raise Rs 550 crore via preferential allotment aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
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R-Infra sells Delhi-Agra toll road to Cube Highways for Rs 3,600 Cr
The company has reduced its total debt liabilities by about 20 per cent from the deal proceeds from Rs 17,500 crore to Rs 14,000 crore
Anil Ambani-led Reliance Infrastructure Ltd on Friday announced successful completion of 100 per cent stake sale in the Delhi-Agra toll road to Cube Highways and Infrastructure III Pte Ltd for an enterprise value over Rs 3,600 crore.
The entire sale proceeds are being utilised for debt reduction. R-Infra said it has reduced its total debt liabilities by about 20 per cent from the deal proceeds from Rs 17,500 crore to Rs 14,000 crore.