Reliance Infrastructure seeks shareholders' approval to raise up to Rs 550.56 crore

08 Jun 2021 Evaluate

Reliance Infrastructure (RInfra) has sought shareholders' approval to raise up to Rs 550.56 crore through issuance of shares on a preferential basis. The company's board had approved a proposal to this effect.

Reliance Infrastructure is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors within the infrastructure space such as Power, Roads, Metro Rail and Defence.

Reliance Infra Share Price

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