Reliance Retail seeks shareholders' nod for doubling borrowing limit

Reliance Retail Ltd has sought shareholders' approval for doubling its borrowing limit to Rs 1 lakh crore. The proposal will be put up before the shareholders during the company's annual general meeting (AGM) to be held on September 30. In September last year, the shareholders had approved borrowing a sum not exceeding Rs 50,000 crore. https://ift.tt/MqJTgpa