Reliance Power’s ₹1,525 Crore Share Issue to Boost Growth
Strategic Move to Expand and Reduce Debt Reliance Power has announced a ₹1,525 crore preferential share issue by offering 46.2 crore shares at ₹33 each. This move aims to enhance its net worth to ₹12,680 crore and reduce debt. With zero bank debt, the company plans to use these funds for business expansion and investment…