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Reliance Power Limited ( (IN:RPOWER) ) has shared an announcement.
Reliance Power Limited has announced that its Board of Directors has noted an application for the reclassification of Reliance Capital Limited to the public category under SEBI’s Listing Regulations. This move follows the implementation of a resolution plan by IndusInd International Holdings Limited under the Insolvency and Bankruptcy Code, 2016. The company has filed applications with BSE and NSE seeking their no objection, indicating a strategic step in compliance with regulatory requirements.
More about Reliance Power Limited
Reliance Power Limited operates in the energy sector, primarily focusing on the generation of power through coal, gas, hydroelectric, and renewable energy sources. The company is a part of the Reliance Group and is known for its significant contributions to India’s power infrastructure.
Average Trading Volume: 2,571,306
Technical Sentiment Signal: Buy
Current Market Cap: 185.2B INR
For an in-depth examination of RPOWER stock, go to TipRanks’ Overview page.