Reliance Infrastructure Ltd, the flagship company of Anil Ambani, is set to receive Rs 1,100 crore equity infusion from the promoters and another Rs 1,910 crore from two Mumbai-based investment firms.

Reliance Infrastructure aims to raise Rs 6,014 crore to support its expansion plans. Initially, it will secure Rs 3,014 crore through a preferential issue, followed by an additional Rs 3,000 crore through a QIP.

Reliance Infrastructure's board approved raising Rs 3,014 crore through preferential issuance of equity shares to Risee Infinity Pvt Ltd and other investors. The issue aims to enhance the promoters' equity stake and is conducted as per SEBI regulations.

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The shares of Anil Ambani led Reliance Infrastructure on Friday (September 20) experienced a significant surge by more than 12 per cent, reaching a new 52 week high of Rs 320.40 apiece on the National Stock Exchange (NSE).

Reliance Infrastructure shares climbed nearly 10% to hit a 52-week high of Rs 320 per share on Friday, September 20, in the early morning session at around 10:51 AM. As per BSE analytics, as of September 20,

Reliance Infrastructure shares have posted strong returns, rising 31.51% in the past month and 25.78% over six months. Year-to-date, the stock has surged 80.53%, delivering over 49.47% returns in the last twelve months,

Shares of Reliance Infrastructure zoomed 12.37% to a fresh 52-week high of Rs 320 on BSE. Market cap of the firm stood at Rs 12,622 crore.

Mumbai: Reliance Infrastructure Ltd, led by Anil Ambani, announced plans to raise up to Rs 6,014 crore through the sale of shares and convertible warrants on Thursday.