Reliance Infra buys back 1,00,000 equity shares under Rs 1,000 crore buyback program

Reliance Infrastructure, one the largest infrastructure company, has during the last week, bought back 1,00,000 equity shares of the company, pursuant to the buyback program of the company. The company had earlier announced a program for buy back of equity shares for an aggregate amount of up to Rs 1,000 crore. The company has so far bought back 19,00,000 equity shares under the buyback program for an aggregate amount of Rs 121.14 crore.

Reliance Infrastructure is the largest infrastructure company developing projects through various special purpose vehicles; in several high growth areas in infrastructure sector i.e. Roads, Metro rail, Airports, etc.