Infusion of fresh liquidity will enhance the company's financial flexibility and enable it to become a zero-debt company by March next year, Reliance Infrastructure said.
On 06 June 2021The Board of Reliance Infrastructure will meet on 06 June 2021 to consider 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, if any and seeking members and other approval(s), as the Board may deem appropriate.
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Read more about Reliance Infra board meeting on June 6 to consider fundraising on Business Standard. Fresh infusion of funds will enable the company to become zero debt company by March 2022
Reliance Infra net loss narrows to ₹47 cr in Jan-Mar quarter
PTI
New Delhi |
Updated on
May 28, 2021
After the invocation of the shares, Reliance Infrastructure’s holding has come down to 22.34 per cent. File Photo - The Hindu
After the invocation of the shares, Reliance Infrastructure’s holding has come down to 22.34 per cent. File Photo - The Hindu×
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Covid-19 has impacted business by way of interruption in construction activities, operations of metros and supply chain disruption Reliance Infrastructure Ltd on Friday reported narrowing of consolidated net loss at ₹46.53 crore for the quarter ended March 31, 2021. The company had reported a consolidated net loss of ₹153.84 crore in the year-ago period.
Read more about Reliance Infrastructure reports consolidated net loss of Rs 46.53 crore in the March 2021 quarter on Business Standard. Sales rise 15.26% to Rs 4178.89 crore