Reliance Infra in talks to sell road assets worth Rs 1,400 crore to Cube Highways | Daily News Byte

[ad_1] Reliance Infrastructure is in talks with Singapore-based Cube Highways to sell four operational road assets at a potential enterprise value of around Rs 1,400 crore, two industry sources told ET. The Anil Ambani-led infrastructure company is seeking investors for its road assets as part of a strategy to divest assets, raise cash and pay…

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Reliance Infrastructure (RInfra) to raise over Rs 550 crore! Preferential issue to promoters, Varde Investment Partners APPROVED – Check key details here | Daily News Byte

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Reliance Infra will raise ₹ 550 crore from the promoter, VFSI Holdings to repay the debt | Daily News Byte

[ad_1] Anil Ambani’s Reliance Infrastructure Ltd (RInfra) said on Sunday that its board has approved the raising of the sum ₹550.56 million by preferential allotment of up to 88.8 million shares and/or warrants convertible into shares of the company to the promoter group and VFSI Holdings Pte. Ltd, an affiliate of Varde Investment Partners LP….

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