Reliance Infrastructure seeks approval for Rs 9,000 crore fundraising

Reliance Infrastructure Limited's board approved seeking shareholder authorization to raise up to Rs 6,000 crore through equity shares, equity-linked instruments, or other securities via qualified institutions placement or public offer.

The board also approved issuing secured or unsecured non-convertible debentures totaling up to Rs 3,000 crore through private placement in tranches.