Breaking News of Anil Ambani

By:- B.T Team Image Credit:- Google

Will Reliance Power Shares Fall to ₹30 Again? Good Days Over for Anil Ambani?

[{"selector":"#anim-17832604-35b4-4ce3-a405-b0c7e564a09c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(39.390756159108065%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Reliance Power recently faced a setback, with shares dropping 5% after 15 consecutive days of gains. Recent Developments

[{"selector":"#anim-c3b36a6e-12d6-4a8e-8e50-319087f79923 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-28.020107153701666%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Strategic Announcement The dip follows an announcement of a ₹4,200 crore private placement of Foreign Currency Convertible Bonds (FCCBs).

[{"selector":"#anim-8c03f427-20e1-4c09-ae36-32ef5b60af77 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(3.0957019776246426%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] FCCB Details The FCCBs, valued at up to $500 million, will have a low interest rate of 5% per annum and a 10-year tenure.

[{"selector":"#anim-ca87890a-1b13-4652-a39b-a6e870e734c6 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-29.857895675600343%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Reliance Power allotted 46.20 crore equity shares, valued at ₹1,524.60 crore, primarily to its parent company, Reliance Infrastructure. Equity Share Allotment

[{"selector":"#anim-f562a686-fb85-4925-9c31-27b5c2bfe552 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(50.73684121720865%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Investor Involvement This preferential allotment also includes two non-promoter entities: Authum Investment and Sanatan Financial Advisory Services.

[{"selector":"#anim-a4552bfa-d3f3-4410-875e-5c83953336bc [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-43.94225502062014%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Renewable Energy Focus This strategic move aims to strengthen Reliance Power's position in the renewable energy sector.

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Employee Stock Option Scheme

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[{"selector":"#anim-10c68c83-ea39-4eeb-81ea-86fb1d0e7a7f [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-29.020593868868566%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] Conclusion Reliance Power, part of the Reliance Group, has a total installed capacity of 5,340 MW. What’s next for Anil Ambani?

Breaking News of Anil Ambani

Employee Stock Option Scheme

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