{"id":520746,"date":"2022-09-09T12:14:34","date_gmt":"2022-09-09T06:44:34","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=520746"},"modified":"2022-09-09T12:16:38","modified_gmt":"2022-09-09T06:46:38","slug":"reliance-power-to-offload-15-stake-to-vfsi-holdings-for-933-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-power-to-offload-15-stake-to-vfsi-holdings-for-933-crore\/","title":{"rendered":"Reliance Power to offload 15% stake to VFSI Holdings for 933 crore"},"content":{"rendered":"<p>Anil Ambani&#8217;s Reliance Power Ltd NSE -9.86 % (RPL) will raise Rs 933 crore by offloading a 15% stake in the company to VFSI Holdings, the company said in an exchange filing on Thursday.<\/p>\n<p>&#8220;Issuance of up to 60 crore equity shares and\/or warrants convertible into equity shares through preferential allotment on a private placement basis to VFSI Holdings Pte. Limited, and in this regard, to enter into an investment agreement with the investor,&#8221; Reliance Power NSE -9.86 % said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anil Ambani&#8217;s Reliance Power Ltd NSE -9.86 % (RPL) will raise Rs 933 crore by offloading a 15% stake in the company to VFSI Holdings, the company said in an exchange filing on Thursday. &#8220;Issuance of up to 60 crore equity shares and\/or warrants convertible into equity shares through preferential allotment on a private placement basis to VFSI Holdings Pte. Limited, and in this regard, to enter into an investment agreement with the investor,&#8221; Reliance Power NSE -9.86 % said.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-520746","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/520746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=520746"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/520746\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=520746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=520746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=520746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}