HomeBusinessReliance raised Rs 3.24 lakh cr capital through equity sale, rights issue,...

Reliance raised Rs 3.24 lakh cr capital through equity sale, rights issue, asset monetisation: Mukesh Ambani

@the_news_21

Reliance Industries Ltd has raised a record Rs 3.24 lakh crore in capital from stake sale in units, rights issue and asset monetisation, its chairman Mukesh Ambani said Thursday.

Addressing shareholders, he said the company raised Rs 3,24,432 crore capital through the sale of stake in digital unit Jio Platforms and retail venture, rights issue and asset monetisation.

“RIL raised USD 44.4 billion largest-ever capital raise by any company in a year globally. This capital raise is a strong vote of confidence by global investors in India’s growth potential,” he said.

Subscribe to TheNews21

Stay Ahead with Independent Journalism

Investigations, political analysis and major national and global stories delivered directly to your inbox.

40 COMMENTS

Must Read

spot_img

Must Read

spot_img