{"id":352264,"date":"2020-05-20T11:54:04","date_gmt":"2020-05-20T06:24:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=352264"},"modified":"2020-05-20T12:15:56","modified_gmt":"2020-05-20T06:45:56","slug":"mukesh-ambanis-reliance-industries-rights-issue-opens-today-all-about-indias-biggest-fundraiser","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mukesh-ambanis-reliance-industries-rights-issue-opens-today-all-about-indias-biggest-fundraiser\/","title":{"rendered":"Mukesh Ambani\u2019s Reliance Industries\u2019 rights issue opens today: All about India\u2019s biggest fundraiser"},"content":{"rendered":"<p>Reliance Industries Ltd\u2019s Rs 53,125-crore shares rights issue, the first of its kind in almost 30 years, will open for subscription of shareholders on Wednesday and close on June 3.<\/p>\n<p>The Mukesh Ambani-led company had set a price of Rs 1,257 per share for the rights issue with a ratio of 1:15 on April 30. This means one RIL share will be offered for every 15 shares held at Rs 1,257 or a 14% discount to the closing price on April 30.<\/p>\n<p>The rights issue is a part of the company\u2019s strategy of deleveraging its balance sheet to become a zero net debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd\u2019s Rs 53,125-crore shares rights issue, the first of its kind in almost 30 years, will open for subscription of shareholders on Wednesday and close on June 3. The Mukesh Ambani-led company had set a price of Rs 1,257 per share for the rights issue with a ratio of 1:15 on April 30. This means one RIL share will be offered for every 15 shares held at Rs 1,257 or a 14% discount to the closing price on April 30. The rights issue is a part of the company\u2019s strategy of deleveraging its balance sheet to become a [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,183],"tags":[],"class_list":["post-352264","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-oil-gas-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352264","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=352264"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/352264\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=352264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=352264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=352264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}