Anil Ambani-led Reliance Power Approves Preferential Equity Shares, Warrents

Reliance Power (RPower), led by Anil Ambani, approved a preferential sale of 59.5 crore equity shares and 73 crore warrants to its parent firm Reliance Infrastructure worth $13.25 billion (1,325 crore) on Sunday. RPower stated in a filing with the Bombay

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