Reliance Power Limited — Board Meeting, 16-07-2025: Outcome of Board Meeting

Reliance Power's Board has approved seeking shareholder approval for major fundraising plans. The company aims to raise up to ₹6,000 Cr via equity shares or equity-linked instruments, possibly through a Qualified Institutions Placement (QIP) or Follow-on Public Offer (FPO). Additionally, they plan to issue secured/unsecured, redeemable, non-convertible debentures up to ₹3,000 Cr. These efforts, subject to necessary permissions, are set to bolster the company's capital.