At 1: 15, RIL plans India’s largest rights offer ...Middle East

Reliance Industries (RIL), India’s most valued company, plans to raise Rs 53,125 crore through a rights offer at Rs 1,257 a share, a 14% discount to the stock’s Thursday close on the BSE at Rs 1,467. This is RIL’s first fund-raise from the public in three decades and the largest rights offering by an Indian company. Last year, Vodafone Idea and Airtel had come out with rights offerings of about Rs 25,000-crore each.

Read More Details
Finally We wish PressBee provided you with enough information of ( At 1: 15, RIL plans India’s largest rights offer )

Also on site :

• Vacaville carjacking suspects arrested in Fairfield; suspect shot by police
• See photos of Jeff Bezos spanking bride-to-be Lauren Sánchez while lounging on $500M superyacht
• Mariners Select Casey Lawrence, Designate Austin Shenton For Assignment