Group Chairman Anil Ambani has raked in big gains from the recent rally in the shares of 2 group companies - Reliance Power and Infrastructure. While Ambani, who is one of the promoters, owns 1,39,437 equity shares of Reliance Infrastructure,

Reliance Infrastructure, led by Anil Ambani, is seeking to raise Rs 6,014 crore to support its expansion plans.

Anil Ambani-led company, Reliance Infrastructure Limited, on Wednesday (September 18) through an exchange filing announced that the company has cleared its major dues by reducing the standalone external debt from Rs 3,831 crore to Rs 475 crore.

Shares of Reliance Infrastructure zoomed 12.37% to a fresh 52-week high of Rs 320 on BSE. Market cap of the firm stood at Rs 12,622 crore.

Reliance Infrastructure Ltd, led by Anil Ambani, is set to receive Rs 1,100 crore from promoters and Rs 1,910 crore from two Mumbai-based investment firms. The board approved a Rs 6,000 crore fund raise plan.

The shares of Anil Ambani led Reliance Infrastructure on Friday (September 20) experienced a significant surge by more than 12 per cent, reaching a new 52 week high of Rs 320.40 apiece on the National Stock Exchange (NSE). This recent surge in the stock prices was in response to the company's board approval of a major fundraising inititiative.

Reliance Infrastructure shares climbed nearly 10% to hit a 52-week high of Rs 320 per share on Friday, September 20, in the early morning session at around 10:51 AM. As per BSE analytics, as of September 20,

Reliance Infrastructure shares have posted strong returns, rising 31.51% in the past month and 25.78% over six months. Year-to-date, the stock has surged 80.53%, delivering over 49.47% returns in the last twelve months,

Mumbai: Reliance Infrastructure Ltd, led by Anil Ambani, announced plans to raise up to Rs 6,014 crore through the sale of shares and convertible warrants on Thursday.