Reliance Infrastructure hikes stake in Reliance Power

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Following conversion of warrants
Reliance Infrastructure has been allotted 10,65,44,000 equity shares of Reliance Power of face value of Rs.10/- per share upon conversion of equivalent number of warrants.Pursuant to above conversion, aggregate holding of Reliance Infrastructure in Reliance Power will increase to 24.90%. Further, aggregate promoter group's share holding in Reliance Power will be 24.99%.
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First Published: Jan 14 2023 | 10:54 AM IST