Overview
- Reliance Infrastructure allotted 1.25 crore fully paid-up equity shares to Risee Infinity Private Limited at Rs240 apiece for a total infusion of Rs300 crore.
- The share issue stems from the accelerated conversion of 12.56 crore warrants originally issued on a preferential basis in October 2024 under SEBI regulations.
- The company’s stock rose 2.8% to close at Rs378 on the BSE after the allotment announcement, marking a 122.68% gain from its 52-week low.
- The infusion builds on a debt-free status achieved in May 2025 and a 681% surge in EBITDA in the fourth quarter of FY25.
- Management said the fresh capital will support ongoing and future infrastructure projects across power, roads, metro rail and defence sectors.