Reliance Infrastructure Ltd allots 6.46 crore shares to Risee Infinity Pvt Ltd

Reliance Infrastructure Limited ('the Company') has today issued and allotted 6,46,00,000 equity shares of Rs. 10 each to Risee Infinity Private Limited, a Company belonging to promoter group, upon exercise of its right to convert the equivalent number of warrants held by it, along with the payment of the balance 75% of the issue price. The aforesaid equity shares shall rank pari passu in all respect with the existing equity shares of the Company.

Shares of Reliance Infrastructure Limited was last trading in BSE at Rs. 132.85 as compared to the previous close of Rs. 132.40. The total number of shares traded during the day was 109984 in over 2337 trades.

The stock hit an intraday high of Rs. 134.45 and intraday low of 131.60. The net turnover during the day was Rs. 14629690.00.

Source : Equity Bulls

Keywords

RelianceInfrastructure INE036A01016 RELINFRA SharesAllotment WarrantsConversion PromoterGroup RiseeInfinity