Reliance Infrastructure (RInfra) is planning to raise long term funds by issuing equity shares by way of rights issue and Qualified Institutional Placement (QIP). The meeting of the Board of Directors of the company will be held on May 14, 2018, to consider the same.
RInfra is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as Power, Roads and Metro Rail in the Infrastructure space and the Defence sector.
