Promoters to infuse Rs 1,100 crore in Reliance Infra – The Economic Times
Reliance Infrastructure Ltd, led by Anil Ambani, is set to receive Rs 1,100 crore from promoters and Rs 1,910 crore from two Mumbai-based investment firms. The company plans to raise Rs 6,000 crore through preferential allotment of shares and institutional buyers. Shareholders' approval is being sought via postal ballot.