Board Meeting16 Sept 2024, 09:55 pm
Reliance Infrastructure Ltd. to Raise Long-Term Resources: Board Meeting Scheduled
AI Summary
Reliance Infrastructure Ltd. has announced a Board Meeting on September 19, 2024, to consider and approve the raising of long-term resources from domestic and/or global markets. The company plans to issue equity shares, equity-linked securities, warrants convertible into equity shares, or any other method including determination of issue price. The trading window for designated persons will be closed from Monday, September 16, 2024, till the end of 48 hours after the Board meeting concludes.
Key Highlights
- Reliance Infrastructure Ltd. scheduled a Board Meeting on September 19, 2024
- The company aims to raise long-term resources from domestic and/or global markets
- Various methods for raising resources are being considered, including equity shares, equity-linked securities, and warrants convertible into equity shares
- The trading window for designated persons will be closed from September 16, 2024, till the end of 48 hours after the Board meeting concludes
- The decision to raise resources and seek necessary approvals will be made in the Board Meeting