Reliance Infrastructure on Sunday said it will raise up to 4,300 crore rupees through issuance of 4.29 crore equity shares to its promoters - Anil Ambani Group. It would increase its promoters' holding in the company to 48 per cent.
The board of directors on Sunday approved the issuance of shares to the promoters at a price of 1,000 rupees per share subject to shareholders approval.
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