Mukesh Ambani-led Reliance Retail Ventures Ltd is planning to rise around Rs 3,048 crore through an infrastructure investment trust (InvIT).
As per the reports, the Reliance Retail is planning to hold a minimum of 25 per cent units of the trust, and the rest will be given away to incoming investors.
Also, the company has already registered a trust with the market regulator in February this year. However, this is the fourth InvIT after its infrastructure trusts in gas pipeline etc. of the company.
