Reliance Power gets shareholders' nod to issue of shares, warrants worth Rs 1,325 cr to RInfra
Accordingly, it said that Reliance Power shall allot 59.50 crore equity shares and 73 crore warrants convertible into equivalent number of equity shares of the company at a price of Rs 10 each by conversion of debt, aggregating up to Rs 1,325 crore, to Reliance Infrastructure Ltd, a listed promoter company.