Reliance Power Limited — Others, 05-02-2025: Statement of deviation(s) or variation(s) under Reg. 32

Reliance Power Limited has announced a board meeting to discuss the statement of nil variations in the utilization of proceeds from its preferential issue of warrants, which raised ₹645.15 crore. The review confirmed no deviations in fund usage for the quarter ended December 31, 2024, maintaining compliance and transparency. This assurance can bolster investor confidence, indicating effective fund management and strategic alignment with shareholders' interests. Overall, the clarity in fund utilization presents a positive outlook for the company's governance and financial health.