Reliance Infrastructure to hold board meeting on Sept 19 to discuss preferential share issue for fundraising.

Reliance Infrastructure Ltd will hold a board meeting on September 19 to discuss a preferential share issue aimed at raising funds. This follows a prior successful issue that raised Rs 550 crore in July 2021, with significant contributions from promoters and Varde Capital Partners. The meeting will also explore various methods for raising long-term resources, although specific funding targets have not been disclosed.