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| Name | अंबानी ने लिया बड़ा फैसला | Reliance Power Share | फिर किया बड़ा धमाका |
| Video Uploader | Video From Market With MAHENDRA |
| Upload Date | This Video Uploaded At 29-03-2024 17:00:26 |
| Video Discription | अंबानी ने लिया बड़ा फैसला | Reliance Power Share | फिर किया बड़ा धमाका Reliance Power's 2 subsidiaries settle Rs 1,023 crore debt Reliance Power Ltd's two subsidiaries -- Kalai Power Pvt Ltd and Reliance Cleangen Ltd, have signed a debt settlement and discharge agreement with Reliance Commercial Finance Ltd (RCFL), a wholly-owned subsidiary of Authum Investment & Infrastructure Limited, a regulatory filing said. Reliance Power on Wednesday said its two subsidiaries have settled debt worth Rs 1,023 crore with Authum Investment's arm Reliance Commercial Finance. Reliance Power Ltd's two subsidiaries -- Kalai Power Pvt Ltd and Reliance Cleangen Ltd, have signed a debt settlement and discharge agreement with Reliance Commercial Finance Ltd (RCFL), a wholly-owned subsidiary of Authum Investment & Infrastructure Limited, a regulatory filing said. In a stock exchange disclosure, the company informed that the value of total outstanding debt that has been settled stood at Rs 1,023 crore. The debt settlement with Reliance Commercial Finance came a few days after Reliance Power announced the sale of its 45 MW wind power project in Maharashtra to JSW Renewable Energy, for a consideration of Rs 132 crore. In December 2023, Kalai Power had sold the development rights of its proposed 1,200 Megawatt hydro-electric project in Arunachal Pradesh to THDC India Ltd for Rs 128 crore. According to a company official, the funds raised from the sale of these assets were used to retire the debt. Authum Investment, in a banks-led resolution process, had acquired Reliance Commercial Finance and Reliance Home Finance from Reliance Capital Ltd in 2022. Over the past few months, Reliance Power has been actively signing debt settlement agreements with various banks, including DBS Bank, ICICI Bank, and Axis Bank. Reliance Power is aiming to be a debt-free company, on a standalone basis, by the end of March 31, 2024. At the end of fiscal 2023, the company had an outstanding debt of around Rs 700 crore. reliance power latest news reliance power reliance power share reliance power share latest news reliance power share news reliance power latest news today reliance power stock advice reliance power news reliance power share news today reliance power share analysis reliance power share target reliance power kya kaam karta hai reliance power share price stock market stock market for beginners stock burner stock market ka commando stock market news stock market kaise sikhe stocks to buy now stock market live stock market india stock market classes stock market news today stock market kya hai Market Gyan Online Kamai Sarthak Bazaar se Mission Market Money Stockers Share Market Tips Stock Market Adviser Value Investor stock market india Bhagat Finance Bazar stock advisor dilraj Satwasiya Pankaj Hindi Stock News Invest In Bharat Share Market Analysis Biz Tak Copyright Disclaimer: - Some contents are used for educational purposes under fair use. Copyright Disclaimer under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statutes that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use. |
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