Reliance Power on July 16, 2025, announced board approval to raise up to ₹9,000 crore. The amount will be mobilised through a mix of equity instruments and non-convertible debentures. The company informed exchanges of this decision after market hours.
The board approved raising ₹6,000 crore via equity shares or equity-linked instruments. The company may opt for a Qualified Institutions Placement (QIP), a follow-on public offer (FPO), or both. This is subject to shareholder authorisation and regulatory approvals.
The remaining ₹3,000 crore will be raised through redeemable non-convertible debentures. These may be secured or unsecured and issued in one or more tranches. Reliance Power may carry out the issuance through private placement or other eligible methods.
The company stated that the exact structure, pricing, and timing of both the equity and debt issuances will be decided in line with shareholder approval. All instruments will be issued in accordance with applicable laws and permissions.
Read more: Reliance Power Subsidiary Gets Court Relief on Power Deal Termination!
For the quarter ending March 31, 2025, Reliance Power reported a net profit of ₹125.6 crore. This marks a shift from a net loss of ₹397.6 crore reported in the same quarter the previous year. Revenue stood at ₹1,978 crore, slightly lower than ₹1,997 crore a year ago.
EBITDA for the quarter came in at ₹589.8 crore, up from ₹48.8 crore in Q4 FY24. The EBITDA margin rose to 29.8% from 2.4% in the corresponding period. This indicates an improvement in operational performance.
As of 9:10 AM on July 17, 2025, Reliance Power share price was trading at ₹66.38, a 0.50% increase.
Reliance Power plans to raise ₹9,000 crore through a combination of equity and debt. Details of the fundraising will be finalised after shareholder approval and regulatory clearances. The update follows the company’s Q4 financial disclosures.
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Published on: Jul 17, 2025, 10:54 AM IST
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