Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Reliance Power Limited ( (IN:RPOWER) ) has issued an announcement.
Reliance Power Limited has announced that its shareholders have approved all resolutions proposed through a postal ballot and e-voting process conducted in accordance with the Companies Act, 2013 and SEBI listing regulations. The approved items include the appointment of Arup Ashok Gupta as a Non-Executive Non-Independent Director, the appointment of Zohra Chatterji as an Independent Director, and the issuance of Foreign Currency Convertible Bonds or other securities, indicating both a refresh of the company’s board and authorization for potential foreign-currency fundraising to support future capital and growth requirements.
More about Reliance Power Limited
Reliance Power Limited is an Indian power generation company involved in developing, operating and maintaining power projects across various fuel sources. Listed on BSE and NSE, it focuses on supplying electricity to utilities and industrial consumers, positioning itself as part of the broader energy and infrastructure sector in India.
Average Trading Volume: 5,397,465
Technical Sentiment Signal: Hold
Current Market Cap: 143.4B INR
See more insights into RPOWER stock on TipRanks’ Stock Analysis page.