{"id":520838,"date":"2022-09-09T11:50:23","date_gmt":"2022-09-09T06:20:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=520838"},"modified":"2022-09-09T14:05:43","modified_gmt":"2022-09-09T08:35:43","slug":"reliance-power-to-issue-shares-to-vfsi-holdings-at-rs-15-5-stock-sinks-10","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-power-to-issue-shares-to-vfsi-holdings-at-rs-15-5-stock-sinks-10\/","title":{"rendered":"Reliance Power to issue shares to VFSI Holdings at Rs 15.5; stock sinks 10%"},"content":{"rendered":"<p>Shares of Reliance Power tanked 9.8 per cent intra-day to Rs 19.2 apiece on the BSE in an otherwise firm market on Friday after the company said it would raise funds via private placement of shares. At 10:14 AM, the shares were down 9 per cent at Rs 19.3 as against a 0.5 per cent gain in the benchmark Sensex index.<\/p>\n<p>The company, on Thursday, said that it would raise Rs 933 crore through a private placement of shares to VFSI Holdings, an affiliate of investment firm Varde Partners. This would result in VFSI picking up a 15 per cent stake in the company. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Reliance Power tanked 9.8 per cent intra-day to Rs 19.2 apiece on the BSE in an otherwise firm market on Friday after the company said it would raise funds via private placement of shares. At 10:14 AM, the shares were down 9 per cent at Rs 19.3 as against a 0.5 per cent gain in the benchmark Sensex index. The company, on Thursday, said that it would raise Rs 933 crore through a private placement of shares to VFSI Holdings, an affiliate of investment firm Varde Partners. This would result in VFSI picking up a 15 per cent [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-520838","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/520838","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=520838"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/520838\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=520838"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=520838"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=520838"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}