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Anil Ambani, Reliance Power
Anil Ambani's Reliance Power to raise $183 million to expand business operations
India's Reliance Power, part of Anil Ambani's Reliance Group, said on Monday that it plans to raise up to 15.25 billion rupees ($183 million) through a preferential allotment. The company aims to use the funds for business expansion and debt reduction.
Reliance Power to raise Rs 1,525 cr via preferential share issue for business expansion
This comes days after Reliance Infrastructure, another Anil Ambani-led group firm, approved raising Rs 6,000 crore
Reliance Power Fundraise: Anil Ambani's company to take big decision on September 23 - Details
Reliance Power Ltd has updated about its next Board meeting for a fundraise. Reliance Power has settled all disputes with CFM Asset Reconstruction Private Limited (CFM). 100% shares of VIPL have been pledged in favour of CFM against the release and discharge of Corporate Guarantee given by Reliance Power.
Anil Ambani's Reliance Power to raise $183 mln to expand business operations
India's Reliance Power , part of Anil Ambani's Reliance Group, said on Monday that it plans to raise up to 15.25 billion rupees ($183 million) through a preferential allotment.
Anil Ambani's Reliance Group starts transformation journey
In three days -- from September 18 to September 20 -- the group announced it has turned into nearly zero and is implementing long-term fund raising plans that are said to solidify its financial position.
Reliance Group Stock: 50% rally in 5 days! Anil Ambani's holding sees big jump
Group Chairman Anil Ambani has raked in big gains from the recent rally in the shares of 2 group companies - Reliance Power and Infrastructure. While Ambani, who is one of the promoters, owns 1,39,437 equity shares of Reliance Infrastructure,
Hosted on MSN
8h
Reliance Power approves Rs 1524.60 cr fundraising! Anil Ambani’s firm announces preferential allotment, fixes issue price
Reliance Power informed that the preferential issue proceeds will be utilised for expansion of business operations directly ...
14h
Reliance Power shares locked at 5% upper circuit; multibagger stock zooms 100% in a year
Reliance Power shares were locked at the upper circuit ahead of its board meeting to consider raising long-term funds, ...
The Financial Express
18h
Reliance Power shares jump for 8th straight session! hits upper circuit for 4th day; Here’s why
Reliance Power shares have shown strong performance across multiple time frames, delivering a 10.64% return in the past month ...
8h
on MSN
Reliance Power announces ₹1,525 crore preferential share issue
Reliance Power’s board of directors approved the issue of preferential shares to raise ₹1,524.60 crore, the company said in ...
India Today on MSN
19h
Reliance Power shares soar 5% to upper circuit for fourth straight day. Here's why
The rally in the company's shares follows the announcement of a board meeting scheduled for September 23, 2024, to discuss a ...
cnbctv18
9h
Reliance Power approves ₹1,524.60 crore equity raising via preferential issue
The preferential allotment would enhance Reliance Power's net worth from ₹11,155 crore to over ₹12,680 crore, the company ...
7h
Reliance Power board approves ₹1,525 cr preferential issue
Reliance Power Ltd board approves Rs 1,525 crore preferential issue, with promoters investing Rs 600 crore for business ...
5d
Adani Group’s bid to buy Reliance Power’s plant near Mumbai gets a fresh boost
Reliance Power's resolution of a loan dispute clears the path for Adani Group to acquire the Butibori thermal power plant, ...
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