Nagpur: Anil Dhirubhai Ambani Group (ADAG) company Reliance Power has announced that Vidarbha Industries Power Limited (VIPL), which has a power plant at Butibori, has ceased to be its subsidiary.

Reliance Power on Wednesday said its consolidate loss narrowed to Rs 97.85 crore during the June 2024 quarter, on account of improved income. It had reported a loss of Rs 296.31 crore in the ...

RPower Shares in focus: Reliance Power on September 17 announced the settlement of a massive ₹3,872.04 crore debt associated with its former subsidiary, Vidarbha Industries Power Limited (VIPL ...

What's behind the fresh rally? Investors are buzzing as the company makes big moves—find out what's driving the surge.

Reliance Power settled its obligation of Rs 3,872.04 crore towards its corporate guarantee to the lenders of VIPL, settling all disputes with CFM Asset Reconstruction Pvt Ltd. "Reliance Power has ...

New Delhi: Reliance Power has settled Rs 3,872 crore guarantor obligations for its subsidiary Vidarbha Industries Power, the firm said in a stock exchange filing. Reliance Power Ltd said, "The ...

Reliance Power Limited has fulfilled its financial commitments as a guarantor for Vidarbha Industries Power Limited (VIPL), totalling ₹3,872.04 Crore. This settlement, announced on September 17 ...

Reliance Power also had said that it has settled all disputes with CFM Asset Reconstruction Private Limited (CFM). 100% shares of VIPL have been pledged in favour of CFM against the release and ...

Reliance Power also announced that Vidarbha Industries Power Limited (VIPL) is no longer a subsidiary and its obligations as a guarantor for VIPL have been fully settled. As of 11:02 AM on ...

and that 100% of VIPL’s shares had been pledged to CFM in consideration for the release and discharge of Reliance Power’s guarantee. VIPL ceases to be a subsidiary of the company, and the ...

Reliance Power's shares surged to a 52-week high of Rs 42.06, hitting the upper circuit for six consecutive sessions, ...