The fortune of billionaire Mukesh Ambani’s brother Anil Ambani seems to be changing as his debt-ridden company is showing signs of progress. Recent days seems to be favourable for him as the company’s debt burden has started to decline and its shares are showing signs of revival. However October 1 is an important date for Anil Ambani as it could mark a turning point for both the future direction and fate of his company. Why October 1 is important for Anil Ambani? Anil Ambanis Reliance Infrastructure will hold a significant board meeting on October 1. The board is expected to discuss and approve plans for securing long-term financial assets. The company is shifting its focus towards growth and expansion due to reduced debt levels. There is ongoing discussion about fundraising to support growth initiatives. The urgency to raise capital from local and overseas markets was emphasized in a previous board meeting on September 19.   What Is Anil Ambanis Strategy? The company has several fundraising strategies in mind all set to be discussed and greenlit during the impending meeting on October 1. Possible ways of securing funds include releasing equity shares tying up equity with securities or utilizing convertible warrants. In the past the company trimmed its debt down by a whopping 80 percent leading to an upward trend in the performance of Reliance Infrastructures stocks. Their strong performance in recent weeks is noteworthy. Up until now paying off around ₹3831 crore in debt has considerably boosted the trust among investors. Since the beginning of the year the value of Reliance Infrastructure shares has seen a significant jump of 54 percent.