Mathew Cyriac and Nimish Shah to invest Rs 1,800 crore in Reliance Infra

Mathew Cyriac and Nimish Shah will invest Rs 1,814 crore in Reliance Infrastructure for a minority stake. The company is raising Rs 3,014 crore through preferential allotment for expansion and working capital needs. Anil Ambani will also invest Rs 1,814 crore. Reliance Infra plans to raise another Rs 3,000 crore via QIP.

Sep 20, 2024 - 00:00
Mathew Cyriac and Nimish Shah to invest Rs 1,800 crore in Reliance Infra

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Mathew Cyriac and Nimish Shah will invest Rs 1,814 crore in Reliance Infrastructure for a minority stake. The company is raising Rs 3,014 crore through preferential allotment for expansion and working capital needs. Anil Ambani will also invest Rs 1,814 crore. Reliance Infra plans to raise another Rs 3,000 crore via QIP.
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