Reliance Power Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 16/07/2025 ,inter alia, to consider and approve raising of long term resources ....
RPOWER · price
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Reliance Power has informed BSE and NSE that its Board of Directors will meet on July 16, 2025 to consider raising long-term funds. The company may issue equity shares, equity-linked securities, or Non-Convertible Debentures (NCDs), potentially through a Qualified Institutional Placement (QIP) or other permissible methods, in one or more tranches. The Board will also seek shareholder and other necessary approvals. The trading window for designated persons has been closed since July 1, 2025, until 48 hours after declaration of Q1 FY26 financial results.
This is a forward-looking intimation with no confirmed fundraising amount, pricing, or instrument finalised yet. Shareholders should watch the July 16 outcome closely, as a QIP or NCD issuance could lead to equity dilution or increased debt, potentially impacting share price and earnings per share.