Anil Ambani been banned from the stock market?
Anil Ambani been banned from the stock market…?
Asia and the country's richest man mukesh Ambani's brother anil ambani also remains in the news. Today, the shares are running fast on the basis of a news related to his company. This share is reliance Infrastructure. Although anil ambani had resigned from the board of reliance Infrastructure and reliance Power and on 25 august (Sunday) his spokesperson had informed about this decision, yet the news on the basis of which the shares of the company associated with him are seeing a rise, know that...
Anil Ambani's reliance Infrastructure shares are rising because there have been reports of fundraising of this infrastructure company. The company is exploring different options including issuing new shares and issuing convertible debenture equity to raise capital. This is the main reason behind the surge in Anil Ambani's reliance Infrastructure shares amid the plan to raise capital. reliance Infrastructure announced on september 16 that the company's board is scheduled to meet on september 19, 2024 to explore ways to raise capital.
reliance Infrastructure gave information in exchange filing
reliance Infrastructure has given information to the exchange in a filing, according to which the upcoming board meeting will be discussed to discuss possible capital raising options.
What is the latest update of reliance Infrastructure?
At 1 pm, reliance Infrastructure is seeing a price of Rs 229.07 per share and it is up 6.03 per cent. In rupees, it has seen a gain of Rs 13.02. Despite the recent regulatory challenges, this rise in reliance Infra looks encouraging. When the news of SEBI's action against anil ambani came, last month, reliance Infrastructure shares closed down 10.99 per cent at Rs 209.99 on august 9. If we look at the upper level of today from the lower level then, the stock has shown a jump of about Rs 20.