Reliance Anil Dhirubhai Ambani Group Invests over Rs 1821 Crores in Reliance Infra Equity Shares

Reliance Infrastructure Ltd has announced that the Committee of Directors of the Company at its meeting held on March 31, 2010, has allotted 1,96,00,000 equity shares of Rs. 10 each for cash at a price of Rs.928.89 (including a premium of Rs. 918.89) per Share to AAA Project Ventures Private Ltd, being the Promoter Group, against the warrants issued on July 09, 2009.

Consequent upon the said allotment, the paid-up Capital of the Company stands increased to 24,48,70,262 fully paid up equity shares of Rs. 10 each.

The stock was trading at Rs.1015.50, up by Rs.17.15 or 1.72%. The stock hit an intraday high of Rs.1027 and low of Rs.1000.65.

The total traded quantity was 239474 compared to 2 week average of 233798.

Source : Equity Bulls

Keywords