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Reliance Infra receives Shareholder approval to raise up to Rs 551 Crore

Reliance Infra receives Shareholder approval to raise up to Rs 551 Crore

Reliance Infrastructure's shareholders have also overwhelmingly approved the raising of funds through the issuance of international foreign money convertible bonds (FCCBs) worth up to 24% of the company's fully diluted equity share capital. Reliance Infrastructure Ltd said on Wednesday that its shareholders have approved a preferential share offering to raise cash of up to Rs.550.56 [...]
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