ADAG will invest Rs.8,000 cr in Rel Energy

Thebullishtrends: REL shares closed at Rs. 1738 on Friday. As per the reports Anil Dhirubhai Amabani Group(ADAG) will take fresh equity capital of Rs.8,000 cr in Reliance Energry. It enables the Reliance Energry to execute large projects in power and infrastructure sectors. ADAG group will infuse new equity capital at a premium of 5 percent to the present share price.