Reliance Energy to consider fund raising proposal

Reliance Energy Ltd has announced that a meeting of the Board of Directors of the Company will be held on December 02, 2007 to consider proposal for raising long term resources by way of preferential allotment of equity and / or equity related securities, and / or long term debt, and / or other financial instruments to augment funds for its various investments and infrastructure development projects.

Source : Equity Bulls

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