anil ambani | inves4: Indian Equity Investing

Reliance Infra settles Rs 235 cr debt with Edelweiss and Rs 600 cr with LIC

Reliance Infrastructure Ltd announced the settlement of Rs 235 crore in dues owed to Edelweiss Asset Reconstruction Company Ltd (Edelweiss), marking another significant development in the company’s debt resolution efforts. The announcement was made through an exchange filing on Wednesday, at the same time the company stated that it had also reached a Rs 600 … Read more

Anil Ambani planning to increase stake in Reliance Infra, Reliance Power

Anil Ambani, the chairman of Reliance Infrastructure and Reliance Power, told shareholders at a virtual annual general meeting (AGM) on Tuesday that promoters would increase the stake in the two companies. Ambani also informed shareholders that Reliance Power had refrained from availing a moratorium on its loans, calling the moratorium a ‘financial penalty’. “The promoters … Read more