Reliance has raised ₹3.24 lakh crore capital, says Ambani

This was done through the sale of stake in digital unit Jio Platforms and retail venture, rights issue and asset monetisation.

Reliance Industries Ltd has raised a record ₹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 ₹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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