{"id":5852,"date":"2018-03-22T06:25:00","date_gmt":"2018-03-22T06:25:00","guid":{"rendered":"https:\/\/www.thirdeyesight.in\/?p=5852"},"modified":"2022-11-15T06:34:33","modified_gmt":"2022-11-15T06:34:33","slug":"reliance-retail-plans-to-raise-rs-4k-crore-via-rights-issue-to-fund-expansion","status":"publish","type":"post","link":"https:\/\/myechoproject.com\/TES\/reliance-retail-plans-to-raise-rs-4k-crore-via-rights-issue-to-fund-expansion\/","title":{"rendered":"Reliance Retail plans to raise Rs 4k crore via rights issue to fund expansion"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p>Written By Sagar Malviya, ET Bureau<\/p>\n\n<div class=\"row\"><div class=\"col-sm-3\">\n<img decoding=\"async\" data-src=\"https:\/\/www.thirdeyesight.in\/wp-content\/uploads\/2022\/11\/retail-1.webp\" class=\"img-fluid lazyload\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\">\n<\/div>\n<div class=\"col-sm-9\">\n<p>MUMBAI: Reliance Retail plans to raise Rs 4,000 crore through rights issue to help fund expansion, especially at a time when global rivals Amazon and Walmart are increasingly threatening the dominance of the country&#8217;s biggest retailer.<br><br>\n\nThe Reliance Retail board has agreed to offer 800 million non-cumulative optionally convertible preference shares (OCPS) of Rs 10 at a premium of Rs 40 per share worth Rs 4,000 crore to existing shareholders through rights issue, the company said in its filing with the Registrar of Companies this week.\n<\/p>\n<\/div><\/div>\n\n<p>Source: <a target=\"_blank\" rel=\"noopener\">economictimes<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Written By Sagar Malviya, ET Bureau MUMBAI: Reliance Retail plans to raise Rs 4,000 crore through rights issue to help fund expansion, especially at a time when global rivals Amazon and Walmart are increasingly threatening the dominance of the country&#8217;s biggest retailer. The Reliance Retail board has agreed to offer 800 million non-cumulative optionally convertible [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-5852","post","type-post","status-publish","format-standard","hentry","category-press-quotes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Reliance Retail plans to raise Rs 4k crore via rights issue to fund expansion - Third Eyesight<\/title>\n<meta name=\"robots\" content=\"index,follow\" \/>\n<link rel=\"canonical\" href=\"https:\/\/myechoproject.com\/TES\/reliance-retail-plans-to-raise-rs-4k-crore-via-rights-issue-to-fund-expansion\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reliance Retail plans to raise Rs 4k crore via rights issue to fund expansion - Third Eyesight\" \/>\n<meta property=\"og:description\" content=\"Written By Sagar Malviya, ET Bureau MUMBAI: Reliance Retail plans to raise Rs 4,000 crore through rights issue to help fund expansion, especially at a time when global rivals Amazon and Walmart are increasingly threatening the dominance of the country&#8217;s biggest retailer. 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