Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

Must Read

Through postal ballot, the shareholders of Reliance Power Limited (Reliance Power) have approved with an overwhelming majority the preferential issue of equity shares and warrants.

Accordingly, Reliance Power shall allot 59.50 Crore equity shares and 73 Crore warrants convertible into an equivalent number of equity shares of the Company at a price of Rs.10 each by conversion of debt, aggregating up to Rs 1,325 Crore, to Reliance Infrastructure Limited (Reliance Infrastructure), a listed promoter company.

Also Read

Reliance Infrastructure and other promoter groups holding in Reliance Power shall increase to 24.98% and shall further increase to 38.24 percent on the conversion of warrants, benefitting ~ 8 lakh shareholders of Reliance Infrastructure.

The shareholders of Reliance Power have also approved with an overwhelming majority, the raising of funds by issue of (i) foreign currency convertible bonds up to 50% of the then net-worth of the Company, and (ii) securities through qualified institutions placement up to 25% of the then net-worth of the Company.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

Reliance Power Limited, a part of the Reliance Group, is India’s leading private sector power generation and coal resources company. The company has one of the largest portfolios of power projects in the private sector in India, based on coal, gas, and renewable energy, with an operating portfolio of 5,945 megawatts.

Save up to 60% on OptinMonster

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

- Advertisement -
- Advertisement -


Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.


Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.


OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.


- Advertisement -
- Advertisement -