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Anil Ambani preparing for a comeback? Reliance Power board approves fundraising plan worth Rs….. through…
24htopnews | July 17, 2025 12:06 PM CST

Anil Ambani once Indias industrial titan is now taking big steps to revive his primary company Reliance Power. On Wednesday Reliance Power approved an ambitious plan to raise Rs 6000 crore signalling the Anil Ambani groups intent to revive its energy business. What is the total amount Reliance Power aims to raise through this plan? According to a Mint report the power company plans to raise Rs 6000 crore through either a Qualified Institutional Placement (QIP) a Follow-on Public Offer (FPO) or a combination of QIP and FPO. Moreover it is also planning on issuing either secured or unsecured redeemable non-convertible debentures (NCDs) amounting to Rs 3000 crore. In an exchange filing on Wednesday Reliance Power stated We hereby inform you that the Board of Directors at its meeting held today i.e. Wednesday July 16 2025 has inter alia approved seeking enabling authorization from the members for raising funds up to ₹ 6000 crore 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 Institutions Placement and /or follow on public offer or a combination thereof.” It further reads issuance of secured/unsecured redeemable non-convertible debentures up to ₹3000 crore in one or more tranches/series on a private placement basis or otherwise. Who is behind Reliance Power’s latest fundraising plan? In addition the company plans to issue secured or unsecured redeemable non-convertible debentures (NCDs) of up to Rs 3000 crore in one or more tranches. The NCDs can be issued through private placement or other means. The detailed terms and conditions will be finalized later upon shareholder approval. Details and terms of issue of the said securities will be determined by the Board in terms of the approval of the shareholders at an appropriate time it added. Following the announcement Reliance Powers shares fell by 4.80% to close at Rs 49.59. However market experts said this fundraising plan is very important for restoring the financials of Reliance Power. Having faced difficulties regarding levels of loans and other financial obligations recently Reliance Power will apply this new capital to firm up its operations and accelerate its growth intentions in the future. The Anil Ambani Group is attempting to make real progress in reviving many of its businesses. The Rs 6000 crore fundraising plan will effectively bolster the companys cash flow and also increase optimism that Anil Ambani is about to take center stage again as a CEO. The company is no longer going backward. Clearly the capital infusion will assist Reliance Power in advancing to the next level and to see whether it can reestablish its power in Indias energy sector.


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