RIL subsidiary plans to raise $2.01b through rights issue to fund acquisitions

RIL subsidiary plans to raise $2.01b through rights issue to fund acquisitions

REUTERS/Shailesh Andrade

Reliance Industrial Investments Holdings Ltd (RIIHL), the investment arm of India’s most valuable company, plans to raise ₹13,900 crore through a rights issue of non-cumulative optionally convertible preference shares.

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