Reliance Power's board is set to meet on Monday to consider raising of long-term funds from domestic and/or global markets through multiple routes.

Anil Ambani's Reliance Group has announced significant debt reduction and new fund-raising plans, signaling a potential transformation. Reliance Infrastructure and Reliance Power have both seen their market capitalizations surge.

Shares of Reliance Power Ltd surged by 5 percent on Wednesday (Sept. 18) after the company announced that it had fully settled its Rs 3,872 crore obligation as a guarantor for Vidarbha Industries Power (VIPL),

In Anil Ambani's major expansion plan, he is also getting 1200 cr investment as a minority stake from prominent investors.

Reliance Infrastructure shares have posted strong returns, rising 31.51% in the past month and 25.78% over six months. Year-to-date, the stock has surged 80.53%, delivering over 49.47% returns in the last twelve months,

Reliance Infrastructure under Anil Ambani seeks to raise Rs 6,014 crore to fund its expansion. The initial phase involves raising Rs 3,014 crore through a preferential issue followed by another Rs 3,000 crore via qualified institutional placement.