Reliance Power will raise Rs 1,525 crore through preference shares, got approval from shareholders.

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Reliance Power has received shareholders' approval to raise Rs 1,524.60 crore by issuing preference shares. The company informed the stock exchange late on Wednesday night that the proposal has been passed with the required majority through postal ballot. As per the postal ballot notice, the company will be at Rs 33 per share (…)

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