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Reliance Power Ltd

NSE: RPOWER · BSE: 532939 · Utilities · 29 announcements

Share price
₹20.31
Market cap
₹8,400 Cr
Revenue (annual)
₹7,620 Cr
Net profit (annual)
₹-336.9 Cr
P/E (TTM)
-26.5×Sector 24.7×
Promoter holding
24.98%+0.00% QoQ
FII holding
13.64%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

22:51 IST NSE
Insolvency Petition

Reliance Power Insolvency Petition

Export Import Bank of the United States (US Exim) filed an insolvency application against Reliance Power alleging a ₹1568.09 Crore debt default. The debt pertains to subsidiary Samalkot Power Limited and is guaranteed by the company. Reliance Power is contesting the application as legally untenable, noting the matter is already sub judice in the London Court of International Arbitration.

Value
₹1,568 Cr
22:48 IST BSE
Insolvency Petition

Reliance Power Insolvency Petition

Reliance Power Ltd faces an insolvency application filed by US Exim under Section 7 of IBC for an alleged ₹1554.85 Crore debt default by its subsidiary, Samalkot Power. The matter is currently sub judice before the London Court of International Arbitration. The company intends to contest the application, stating the debt is not due.

Value
₹1,555 Cr