Anil Ambani's Reliance Group has announced significant debt reduction and new fund-raising plans, signaling a potential transformation. Reliance Infrastructure and Reliance Power have both seen their market capitalizations surge.

Reliance Group, led by Anil Ambani, embarks on a transformation journey with debt reduction and fund raising initiatives. The group aims to solidify its financial position and invest in growth sectors.

Anil Ambani's Reliance Group has launched a transformative strategy by aggressively reducing debt and securing new capital. Recent announcements include substantial fundraise approvals and strategic debt clearances that have bolstered investor confidence.

Reliance Infrastructure under Anil Ambani seeks to raise Rs 6,014 crore to fund its expansion. The initial phase involves raising Rs 3,014 crore throu

Anil Ambani’s Reliance Infrastructure shares surge amid fundraising plans. Despite recent regulatory challenges, the company is exploring various options to raise capital, including issuing new shares and convertible securities.

Anil Ambani-led company, Reliance Infrastructure Limited, on Wednesday (September 18) through an exchange filing announced that the company has cleared its major dues by reducing the standalone external debt from Rs 3,831 crore to Rs 475 crore.

Reliance Infrastructure, led by Anil Ambani, is seeking to raise Rs 6,014 crore to support its expansion plans.

As per the company exchange filing, Reliance Infrastructure is planning to raise Rs 6,014 crore. The purpose behind the fundraising is the expansion of the company's product portfolio and services. This will be completed through preferential issues and QIP.