 "Reliance Power plans to raise ₹1,524.60 crore through a preferential issue, bolstering its net worth and expanding operations.")
Reliance Power plans to raise ₹1,524.60 crore through a preferential issue, bolstering its net worth and expanding operations.
Reliance Power is looking to raise Rs 1,524.60 crore through a preferential issue, pending shareholder approval. The company plans to issue up to 46.20 crore equity shares and convertible warrants at Rs 33 each. This move aims to boost its net worth from Rs 11,155 crore to over Rs 12,680 crore. The board’s decision, made ...
