Anil Ambani, chairman of Reliance Infrastructure (RInfra) and Reliance Power (RPower), told shareholders at a virtual annual general meeting (AGM) on Tuesday that promoters will increase their stake in the
Anil Ambani planning to increase stake in Reliance Infra, Reliance Power
Ambani also informed shareholders that Reliance Power had refrained from availing a moratorium on its loans, calling the moratorium a 'financial penalty'
 "Anil Ambani's Reliance Naval risks insolvency as banks say no to debt plan")
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Promoters hold a 14.59 per cent stake in Reliance Infrastructure and 19.29 per cent in Reliance Power as of March this year.
Topics : Anil Ambani Reliance Infra Reliance Power
First Published: Jun 23 2020 | 5:44 PM IST
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