RIL raised Rs 3.24 lakh cr capital through equity sale, rights issue, asset monetisation: Mukesh Ambani

RIL raised Rs 3.24 lakh cr capital through equity sale, rights issue, asset monetisation: Mukesh Ambani

PTIUpdated: Thursday, June 24, 2021, 04:37 PM IST
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RIL raised Rs 3.24 lakh cr capital through equity sale, rights issue, asset monetisation: Mukesh Ambani |

Reliance Industries Ltd has raised a record Rs 3.24 lakh crore in capital from stake sale in units, rights issue and asset monetisation, its chairman Mukesh Ambani said Thursday.

Addressing shareholders, he said the company raised Rs 3,24,432 crore capital through the sale of stake in digital unit Jio Platforms and retail venture, rights issue and asset monetisation.

"RIL raised $44.4 billion – largest-ever capital raise by any company in a year globally. This capital raise is a strong vote of confidence by global investors in India's growth potential," he said.

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