The boards of Reliance Infrastructure Ltd. and Reliance Power Ltd. authorised the managements of the respective companies to raise up to ₹6,000 crore each through the issuance of equity shares and/or equity linked instruments and/or other eligible securities to qualified institutional buyers by way of a Qualified Institution Placement and /or follow on public offer or a combination thereof.
The boards have also approved the issuance of secured / unsecured, redeemable, non-convertible debentures up to ₹3,000 crore each, in one or more tranches / series, on a private placement basis.
Published – July 16, 2025 09:22 pm IST
