ALPHA TRIBE

Reliance Power LimitedQIP/Rights/Pref., 20-05-2025: Allotment of Securities

20-05-2025 | 01:20 pm

Reliance Power has allotted 1.33 crore equity shares at Rs. 33 each (including Rs. 23 premium) to two investors—33 lakh shares to Reliance Infrastructure and 1 crore shares to Basera Home Finance. The company has raised Rs. 43.89 Cr through this equity infusion, bolstering its balance sheet. This capital injection is likely aimed at supporting upcoming projects or reducing debt, with no noted change in promoter holding.

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