Earlier, billionaire Mukesh Ambani-led oil-to-telecom behemoth on April 30 had announced fund raising of Rs 53,125 crore by way of a 1:15 rights issue, the first such issue in nearly three decades, as it steps up efforts to pare debt.
One share will be offered for every 15 shares held at Rs 1,257, a 14 per cent discount to the closing price for April 30.
The rights issue opening and closing dates will be informed separately.
The company has obtained in-principle approvals from BSE and the National Stock Exchange of India for the proposed rights issue of 42,26,26,894 equity shares, the oil-to-telecom behemoth said in a release.
In its earnings statement for fourth quarter, RIL said this would be India’s biggest rights issue.
The move comes within days of RIL agreeing to sell a 9.99 per cent stake in its digital platform to Facebook<\/a> Inc for $5.7 billion or Rs 43,574 crore.
At the end of March quarter, RIL had an outstanding debt of Rs 3,36,294 crore. It also had cash in hand of Rs 1,75,259 crore, bringing the net debt position to Rs 1,61,035 crore.
The rights issue is likely to help RIL achieve its zero-net-debt target by March 2021, even if there are delays in proceeds from Saudi Aramco<\/a> and Facebook deals, as per ETIG calculations.
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信实工业公司5月14日(瑞来斯)固定的记录日期确定股东资格申请即将推出配股。
4月30日早些时候,亿万富翁穆克什Ambani-led oil-to-telecom巨头宣布融资的1:15 53125卢比的权利问题,第一个问题在近三十年中,因为它采取措施削减债务。
一股将提供每15股Rs 1257举行,4月30日的收盘价折让14%。
配股打开和关闭日期另行通知。
公司已获得初步批准从疯牛病和印度国家证券交易所提出配股的42岁,26岁的26894股票,oil-to-telecom巨头在一份新闻稿中说。
瑞来斯在其第四季度的业绩声明说,这将是印度最大的权利问题。
目前的几天内瑞来斯同意数字平台来出售其9.99%的股份脸谱网公司以57亿美元或43574卢比。
在3月底,瑞来斯的未偿债务Rs 36294卢比。它也有现金的Rs - 1, 75259卢比,将净债务状况Rs 61035卢比。
配股可能帮助瑞来斯于2021年3月实现其zero-net-debt目标,即使有延迟所得沙特阿拉伯国家石油公司和Facebook交易,按照ETIG计算。
4月30日早些时候,亿万富翁穆克什Ambani-led oil-to-telecom巨头宣布融资的1:15 53125卢比的权利问题,第一个问题在近三十年中,因为它采取措施削减债务。
一股将提供每15股Rs 1257举行,4月30日的收盘价折让14%。
配股打开和关闭日期另行通知。
公司已获得初步批准从疯牛病和印度国家证券交易所提出配股的42岁,26岁的26894股票,oil-to-telecom巨头在一份新闻稿中说。
瑞来斯在其第四季度的业绩声明说,这将是印度最大的权利问题。
目前的几天内瑞来斯同意数字平台来出售其9.99%的股份脸谱网公司以57亿美元或43574卢比。
在3月底,瑞来斯的未偿债务Rs 36294卢比。它也有现金的Rs - 1, 75259卢比,将净债务状况Rs 61035卢比。
配股可能帮助瑞来斯于2021年3月实现其zero-net-debt目标,即使有延迟所得沙特阿拉伯国家石油公司和Facebook交易,按照ETIG计算。
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