Reliance Power, Reliance Infra to raise Rs 9,000 crore each
Reliance Power, Reliance Infra to raise Rs 9,000 crore each
Reliance Infrastructure and Reliance Power announced on Wednesday their boards' approval to raise up to Rs 9,000 crore each through a mix of financial instruments. Both companies plan to raise up to Rs 6,000 crore through equity or linked instruments, potentially via QIP or a follow-on public offer.
Reliance Infrastructure and Reliance Power announced on Wednesday their boards' approval to raise up to Rs 9,000 crore each through a mix of financial instruments. Both companies plan to raise up to Rs 6,000 crore through equity or linked instruments, potentially via QIP or a follow-on public offer.