Torrent Power Limited — Others, 14-05-2025: Monitoring Agency Report

Torrent Power has announced a board meeting on the financial results for the quarter and half-year. The company raised ₹3,500 Cr via QIP by issuing 2.33 crore shares at ₹1,503 each. During the quarter ended March 31, 2025, ₹588.37 Cr was used for debt repayment/pre-payment (₹123.22 Cr), general corporate purposes (₹442.24 Cr), and issue-related expenses (₹22.91 Cr), with no deviations from the planned use. It also waived ₹6.23 Cr in tax reimbursements, reallocating these funds to general corporate purposes.