Shareholders of Reliance Infrastructure have approved the company's plan to raise Rs 6,000 crore through preferential issue of shares and qualified institutional placement (QIP) route. Both proposals have received shareholders' approval,

Reliance Infrastructure shares have posted strong returns across various periods. In the past three months, the stock gained 49.60%, while over six months it rose by 44.45%. Year-to-date, shares are up 34.

Reliance Infrastructure has received shareholder approval to raise ₹6,000 crore through a combination of Preferential Issue and Qualified Institutional Placement (QIP), aimed at boosting its net worth and supporting business expansion.

Reliance Infrastructure shareholders have approved a plan to raise Rs 6,000 crore through a preferential issue of shares and qualified institutional placement. The first phase will involve raising Rs 3,

Later, on October 1, the company’s board of directors approved raising funds of up to Rs 2,930 crore ($350 million) through Foreign Currency Convertible Bonds (FCCBs). The compa