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RELINFRA - Reliance Infrastructure News Story

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Last Trade - 7:46am

Sector
Industrials
Size
Small Cap
Market Cap £121.3m
Enterprise Value £692.3m
Revenue £1.58bn
Position in Universe 772nd / 3105

BRIEF-Reliance Infra Chairman Says Co's Debt Comes Down To 75 Bln Rupees Through Mumbai Power Business Sale

Wed 29th August, 2018 1:55pm
Aug 29 (Reuters) - Reliance Infrastructure Ltd Chairman Anil
Ambani  RLIN.NS :
    * CHAIRMAN SAYS  DEBT OF CO COMES DOWN TO 75 BILLION RUPEES
THROUGH SALE OF MUMBAI POWER BUSINESS
    * CHAIRMAN SAYS CO EXPECTS TO BE ZERO DEBT COMPANY BY END OF
NEXT
YEAR
    * CHAIRMAN SAYS CO HAS PLANS TO TRANSFORM INTO HIGH GROWTH
AND
CAPITAL LIGHT BUSINESS
    * CHAIRMAN SAYS CO DOESNT NEED TO PURSUE ANY OTHER ASSET
MONETISATION FOR REDUCING DEBT ANY MORE


Further company coverage:  RLIN.NS 

 ((Reuters.Briefs@thomsonreuters.com;))
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