Reliance Power Limited — Others, 09-05-2025: Monitoring Agency Report

Reliance Power has announced a Monitoring Agency Report on the utilization of proceeds from its preferential issue of convertible warrants totaling Rs. 1,524.60 Cr. During the quarter, Rs. 645.15 Cr was received as a 25% advance from warrant holders, including Rs. 264 Cr from Reliance Infrastructure Limited. These funds were primarily used for business expansion (Rs. 161.53 Cr), debt reduction via debt conversion (Rs. 151.06 Cr), and general corporate expenses (Rs. 324.55 Cr). Fund utilization was timely and fully aligned with the company's stated plans, supporting operational growth and financial health.