Reliance Infrastructure

Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 mn

NMIIA operates an industrial area located in Mumbai, India's financial hub and the capital of the western state of Maharashtra.

Reliance Power, Reliance Infra climb up to 5% after board restructuring

Shares of Reliance Power, and Reliance Infrastructure rose up to 5 per cent in intraday deals on Tuesday after the companies announced a restructuring of their respective board of directors

Dividend, Bonus: Infosys, RIL, 2 other stocks to remain in focus today

Here is the complete list of companies whose shares will turn ex-date tomorrow along with their respective corporate announcements, and other key details

Reliance Infra's shareholders approve fundraise of Rs 6,000 crore

The company's board of directors had approved the fundraise on September 19

Reliance Infra's Rs 6,000 cr fundraising plan gets shareholders' nod

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, with over 98 per cent voting in favour of the resolutions via postal ballot, the company informed in a stock exchange disclosure. Reliance Infrastructure's board, on September 19, had approved a Rs 6,000-crore fundraise plan. Of this, Rs 3,014 crore was to be raised through preferential allotment of shares or convertible warrants, while Rs 3,000 crore will be raised by QIP. In the first phase, Reliance Infrastructure is launching the Rs 3,014 crore preferential placement by issuing 12.56 crore equity shares or convertible warrants at an issue price of Rs 240 per share. Out of this, Rs 1,104 crore will be invested by the promoters of Reliance Infrastructure through promoter company Risee Infinity Private Ltd. Risee will subscribe to 4.60 crore ...

RInfra board approves proposal to raise Rs 2,930 crore through FCCBs

Approves ESOP scheme for all its employees and those of its subsidiaries

Reliance Infra up 7% as Calcutta HC upholds Rs 780 crore arbitration award

Calcutta High Court has upheld Rs 780 crore arbitration award in favour of Reliance Infrastructure in the West Bengal-based Damodar Valley Corporation dispute

HC upholds arbitral award in favour of R-Infra in judgement on DVC petition

The arbitration award is worth approximately Rs 780 crore, including accrued interest, and bank guarantees of Rs 600 crore will also be released

Reliance Power to raise Rs 1,525 crore through preferential issue

Parent entity Reliance Infrastructure to increase equity in R-Power by Rs 600 crore

Reliance Infrastructure gets Rs 1,100 crore infusion from promoters

Of this issue, Rs 1,104 crore will be invested by the promoters of Reliance Infrastructure through the promoter company Risee Infinity Private Limited. Risee will subscribe to 46 million shares

Reliance Infra to receive Rs 1,100 cr equity infusion from promoters

Anil Ambani's flagship firm, Reliance Infrastructure Ltd is set to receive Rs 1,100 crore equity infusion from the promoters and another Rs 1,910 crore from two Mumbai-based investment firms, according to a filing by the company. The board of the company had on Thursday approved Rs 6,000 crore fund raise plan, of which Rs 3,014 crore was to be raised through preferential allotment of shares and Rs 3,000 crore share issue to institutional buyers. In the first phase, the company is launching Rs 3,014 crore preferential placement under which 12.56 crore equity shares or convertible warrants will be issued at an issue price of Rs 240 per share, according to the company's postal ballot seeking shareholder nod for share issue. Out of this, Rs 1,104 crore will be invested by promoters of Reliance Infrastructure through promoter company Risee Infinity Private Limited. Risee will subscribe to 4.60 crore shares. The two other investors participating in the preferential issue are Mumbai-based

RInfra pares debt by 87% to Rs 475 cr; clears dues with banks and ARCs

RInfra said, "Invent Assets Securitisation and Reconst­ruction Private has novated certain charged securities to recover its dues"

Reliance Infra cuts standalone external debt by 88% to Rs 475 crore

The company recently announced its plan of raising long-term capital

Reliance Infra rises 8% on paring debt, resolving power business dispute

Reliance Infrastructure has cleared its dues to LIC, Edelweiss Asset Reconstruction Company, ICICI Bank, Union Bank, and other lenders, apart from resolving disputes related to the transfer of its Mum

Reliance Infra settles Rs 235 cr debt with Edelweiss and Rs 600 cr with LIC

Reliance Infrastructure has brought down its external debt liability to Rs 475 crore. The company's net worth now stands at approximately Rs 9,041 crore

Reliance Infrastructure gains 8% on plans to raise long-term funds

Reliance Infrastructure said a meeting of the board is scheduled for September 19 to discuss the fundraising

ADAG stocks crack up to 10% as Sebi bans Anil Ambani from markets for 5 yrs

Sebi bans Anil Ambani news: According to a PTI report, Sebi has barred Anil Ambani, and 24 other entities, from the securities market for a period of five years

Reliance Infrastructure Q1 results: Net loss narrows to Rs 69.47 cr

Reliance Infrastructure Ltd on Wednesday said its consolidated net loss narrowed to Rs 69.47 crore in the June 2024 quarter. It had clocked a net loss of Rs 494.83 crore in the year-ago period, the company said in an exchange filing. The company's total income, however, rose to Rs 7,256.21 crore from Rs 5,645.32 crore a year ago. Its expenses rose to Rs 6,799.30 crore from Rs 6,372 crore in the first quarter of the previous fiscal. Reliance Infrastructure is engaged in the business of providing engineering and construction services for power, roads, metro rail, and other infrastructure sectors.

Sebi penalises RInfra, others for non-submission of no default statement

Capital markets regulator Sebi on Wednesday imposed penalties on seven entities including Reliance Infrastructure, Reliance Power and Incredible Realcon for non-submission of no default Statement (NDS) to credit rating agencies. The regulator levied a fine of Rs 1 crore each on Reliance Infrastructure, Reliance Power and Incredible Realcon, Rs 20 lakh on Paranjape Schemes (Construction) Ltd, Rs 14 lakh on PVP Ventures, Rs 5 lakh on Hindustan Cleanenergy and Rs 1 lakh on Ginni Filaments. These firms have been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its 90-page order. The matter pertains to the requirement of listed entities who have issued debt securities or other entities who have chosen to list their debt securities, to file No Default Statement (NDS) to the Credit Rating Agencies (CRAs). Sebi's rule mandates the companies or issuers to submit the NDS information to CRAs on a monthly basis. "The non-filing of NDS may have

The 'default' path: PSBs classify Reliance Infrastructure's SPV as NPA

Recently, RBI proposed to increase standard asset provision requirements for project loans during the construction phase to 5% from 0.40% now