You are here: Home » Companies » News
CoCreate Ventures, PES Varsity roll out fund to back startups at campuses
Indians need to improve both soft and technical skills, shows data
Business Standard

Reliance Power to raise Rs 1,325 cr from RInfra via preferential allotment

Reliance Infra stake to go up to 38% from 9%; more fund raising planned

Topics
Reliance Power | Reliance Infrastructure | Anil Ambani

Dev Chatterjee  |  Mumbai 



Reliance Power

Limited today announced that it will raise Rs 1,325 crore by issuing preferential shares and warrants to its parent, . Post conversion, combined stake of and other promoters will rise from the current nine per cent to around 38 per cent.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Sun, June 13 2021. 18:49 IST

RECOMMENDED FOR YOU

.