Reliance Infrastructure share price gained 3% in early trade on Wednesday, June 18, to reach ₹377.70 apiece, following a ₹300 crore capital infusion by its promoter group. The company announced the allotment of 1.25 crore fully paid-up equity shares at ₹240 per share (including a premium of ₹230) to Risee Infinity Private Limited, a promoter group entity.
The shares were issued upon the exercise of warrants, with the balance 75% of the issue price now paid. This capital raise, part of a preferential issue announced in October 2024, is expected to enhance the company’s financial flexibility, support sustainable growth, and strengthen its positioning for future opportunities.
“The capital infusion will strengthen Company’s growth trajectory. This enhances financial flexibility and supports sustainable growth, positioning the Company to capitalize on future opportunities and drive long-term value creation,” Reliance Infrastructure said in its Wednesday’s regulatory filing.
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