RInfra Bought-Back 5,00,000 Equity Shares
OREANDA-NEWS. August 22, 2011. Reliance Infrastructure Limited has today bought-back 5,00,000 equity shares of the Company, pursuant to the Buy-back program of the Company.
The Company has announced a program for buy-back of equity shares for an aggregate amount of up to Rs 1,000 crore.
The Company has so far bought-back 28,75,000 equity shares under the Buy-back program for an aggregate amount of Rs 167.54 crore.
Reliance Infrastructure Limited:
Reliance Infrastructure Ltd (RInfra) is the largest infrastructure company developing projects, through various Special Purpose Vehicles, in several high growth areas in Infrastructure sector i.e. Roads, Metro rail, Airports, etc. The Company is also leading utility company having presence across the value chain of power businesses i.e. Generation, Transmission, Distribution, EPC and Trading.
The Company is developing two metro rail projects in Mumbai and operating Airport Metro Express in
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