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Reliance Power makes a higher offer to lenders for Vidarbha Industries

 Reliance Power and CFM offered upfront cash, while NARCL's offer is a combination of cash and security receipt. Early this month, CFM ARC improved its offer to `1,220 crore while Reliance Power made a revised offer of `1,260 crore. The offer by the promoter is backed by Varde Partners, which acquired a 15% equity stake in the company by infusing `930 crore in September last year. A Reliance Power spokesperson said: "We are committed to maximise the value for our lenders.
19-06-2023
Bigul

RPower settles 925-cr debt of UP unit with funds from Varde Partners

 Reliance Power has become debt-free on a standalone basis
18-06-2023
Bigul

RELIANCE POWER LTD. - 532939 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate

 In terms of Regulation 39(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we hereby submit the details of share certificate/s reported to have been lost / misplaced by the shareholders
02-06-2023
Bigul

RELIANCE POWER LTD. - 532939 - Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans Including Revolving Facilities Like Cash Credit From Banks / Financial Institutions

 Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks / financial institutions
31-05-2023
Bigul

RELIANCE POWER LTD. - 532939 - Compliances-Reg.24(A)-Annual Secretarial Compliance

 Pursuant to Regulation 24(A) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the Annual Secretarial Compliance Report for the financial year ended March 31, 2023, duly issued by M/s. Ajay Kumar & Co, Practicing Company Secretaries.
30-05-2023

Bulk Deals on May 25: Reliance Power, All E Tech, others exchange hands; check buyers, sellers

 According to NSE data, Achintya Commodities Private Limited bought 2,54,44,542 shares of Reliance Power at an average price of 13.23 and sold 2,56,43,574 shares at an average of 13.23.
25-05-2023
Bigul

RELIANCE POWER LTD. - 532939 - Response Of The Company To The E-Mail From BSE Seeking Clarification/Confirmation On News Item Appearing In 'Media/Publication-Www.Businesstoday.In'

 Please find attached our response on clarification/confirmation on news item.
23-05-2023
Bigul

RELIANCE POWER LTD. - 532939 - Clarification sought from Reliance Power Ltd

 The Exchange has sought clarification from Reliance Power Ltd on May 23, 2023, with reference to news appeared inwww.businesstoday.in dated May 23, 2023 quoting "Reliance Power offers Rs 1,200-cr settlement to lenders of Vidarbha Industries Power"The reply is awaited.
23-05-2023

Reliance Power share price jumps over 13% on 1,200 crore offer to settle VIPL's debt

 Anil Ambani group firm, Reliance Power has offered to pay around 1,200 crore in the one-time settlement proposal to the lenders of its subsidiary VIPL, sources said.
23-05-2023

Reliance Power offers Rs 1,200-cr settlement to lenders of Vidarbha Industries Power: Report

 The OTS offer made by Reliance Power was supported by global alternate investment firm Varde Partners, said the report
22-05-2023
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