Reliance Power Ltd settles Rs. 3872.04 crore under corporate guarantees and undertakings
Settlement in accordance with Regulation 30 of SEBI Listing Regulations and SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123
Execution of Settlement Agreement, Release Deed, and withdrawal of legal proceedings
Release and discharge of all obligations and claims under corporate guarantee, undertakings, and ECB Facilities availed by VIPL
Pledge of 92.60% shareholding of VIPL created in favor of Axis Trustee Services Limited as Security Trustee