US EditionReliance Power allots 10.55 crore shares aggregating INR 348.15 crore upon warrant conversion
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Reliance Power allots 10.55 crore shares aggregating INR 348.15 crore upon warrant conversion
Reliance Power said the capital infusion will strengthen its growth trajectory in the renewable energy sector.Anil Ambani’s Reliance Power Ltd (Reliance Power) has allotted 10.55 crore fully paid-up equity shares at a price of INR 33 per share (including a premium of INR 23 per share), aggregating to INR 348.15 crore, upon accelerated conversion of warrants. The company made a preferential issue of 46.20 crore warrants aggregating INR 1,525 cror…
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