[ad_1] Reliance Infrastructure has received approval from its board to raise $100 million through unsecured foreign currency convertible bonds (FCCBs), the company said to stock exchanges on Saturday. The company also appointed Sandeep Khosla as its new Chief Financial Officer (CFO), after Pinkesh Shah vacated the post. “The company’s board of directors has approved the…
[ad_1] Anil Ambani’s Reliance Infrastructure is set to receive around Rs 4,600 crore from the Delhi Metro Rail Corporation (DMRC) and the Supreme Court will uphold the arbitration award to that effect. The judge in the composition of judge L. Nageswara Rao and S. Ravindra Bhatt on Thursday set aside a Delhi High Court order…
[ad_1] MUMBAI: Shares of the company , part of Anil Ambani’s Reliance Group, touched a record high of 5 percent at Rs 74.20 today after the Supreme Court upheld an arbitration award won by the company against the Delhi Metro Rail Corporation. The company won an arbitral award of Rs 4,600 crore including accrued interest….
[ad_1] Shareholders of Reliance Infrastructure Limited (Reliance Infra), through postal voting, has overwhelmingly approved the raising of up to ₹550.56 crore by preferential allotment of up to 8.88 crore equity shares and/or warrants convertible into an equivalent number of shares owned by the promoter company and VFSI Holdings Pte. Limited, a branch of Varde Investment…
[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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[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….
[ad_1] Reliance Infrastructure Ltd on Friday reported a reduction in consolidated net loss to ₹46.53 million for the quarter ended March 31, 2021. The company reported a consolidated net loss of ₹153.84 million in the year-ago period, the BSE filing said. The company’s consolidated revenue during the January-March quarter increased to ₹4,610.72 million more ₹4,012.87…
