Nagpur: Anil Dhirubhai Ambani Group (ADAG) company Reliance Power has announced that Vidarbha Industries Power Limited (VIPL), which has a power plant at Butibori, has ceased to be its subsidiary.
On Friday last week, Anil Ambani-owned Reliance Power set a board meeting date to consider the fundraising proposal, saying, "We wish to inform you that a meeting of the Board of Directors of the ...
This milestone was achieved following the company's settlement of all obligations as a guarantor for Vidarbha Industries Power Limited (VIPL). As a result, Reliance Power was released from its ...
VIPL, in exchange for the release and discharge of a corporate guarantee previously issued. Reliance Power shares have shown strong performance across various time frames, delivering positive returns.
What's special about the rally in both stocks? Reliance Infrastructure shares have grown all the way to Rs 336-odd levels from Rs 215 over the two-week period while the Reliance Power stock has ...
In exchange for the release and discharge of Reliance Power’s guarantee, 100% of VIPL’s shares have been pledged to CFM. Earlier this year, the company faced challenges when market regulator ...
Shares of Reliance Power hit the 5 percent upper ... to the outstanding debt of subsidiary Vidarbha Industries Power Limited (VIPL), amounting to Rs 3,872.04 crore. The company said it settled ...
In a huge setback for Mukesh Ambani’s brother Anil Ambani, Reliance Power Ltd saw its shares hit a 5% low on trading Friday, breaking away from its 15 consecutive successful days. The severe dip ...
Reliance Power (RPower), led by Anil Ambani, has seen its shares surge by around 55% over the past nine trading sessions. From a closing price of Rs 31.40 on September 17, the stock has been ...
Shares of Reliance Power Ltd, which have climbed 44 per cent ... (CFM), as it pledged 100 per cent shares of a subsidiary VIPL against the release and discharge of corporate guarantee it gave ...
Reliance Power shares have hit back-to-back upper circuits for the past 11 sessions, rallying 70.8 per cent. On Thursday, the ...
This will be the second board meeting after Reliance Power held one on September 23, 2024, with the board approving a ₹1,524.60 crore preferential issue The Anil Ambani-led Reliance Power Ltd ...