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 to raise long-term funds
Following Reliance Infrastructure's announcement of Rs 6,000 crore fundraising plans, another Anil Ambani group company - Reliance Power - is set to
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.
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 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 Power shares in focus on Rs 1,525 crore preferential issue; key details
Reliance Infrastructure would hold 24.88 per cent and the aggregate shareholding of the promoter group would be 24.95 per ...
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 Express20h
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 ...
Anil Ambani-owned Reliance Power share price hits upper circuit for fourth straight session. More steam left?
Anil Ambani-owned Reliance Power share price has been on an uptrend since the Anil Dhirubhai Ambani Group company declared a board meeting date to consider and approve the fundraising proposal. The ...
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Reliance Power announces ₹1,524.60 crore preferential issue at 16% discount
The preferential allotment would enhance Reliance Power's net worth from ₹11,155 crore to over ₹12,680 crore, the company ...
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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 ...
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 ...