New Delhi, June 18 -- Reliance Infrastructure share price gained 3% in early trade on Wednesday, June 18, to reach Rs.377.70 apiece, following a Rs.300 crore capital infusion by its promoter group. The company announced the allotment of 1.25 crore fully paid-up equity shares at Rs.240 per share (including a premium of Rs.230) to Risee Infinity Private Limited, a promoter group entity.

The shares were issued upon the exercise of warrants, with the balance 75% of the issue price now paid. This capital raise, part of a preferential issue announced in October 2024, is expected to enhance the company's financial flexibility, support sustainable growth, and strengthen its positioning for future opportunities.

(more to come)

Published by HT D...