Reliance Power board approves fundraise of up to ₹9,000 crore via QIP, FPO and NCDs

Additionally, the Board has approved the issuance of secured or unsecured, redeemable, non-convertible debentures (NCDs) of up to ₹3,000 crore, in one or more tranches or series, on a private placement basis or otherwise. Shares of Reliance Power Ltd ended at ₹66.06, up by ₹1.54, or 2.39%, on the BSE.

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