Reliance Power has released the monitoring agency report for the quarter ended December 31, 2025. The report, prepared by Infomerics Valuation and Rating Limited, pertains to the preferential issue of warrants. There was no utilization of proceeds during the quarter, and the unutilized amount remains at ₹26.49 crore. The Board of Directors acknowledged the report and will continue to monitor the situation.
Monitoring Agency Report Overview
Reliance Power announced the availability of the monitoring agency report for the quarter ending December 31, 2025. The report, furnished by Infomerics Valuation and Rating Limited, concerns the preferential issue of warrants by the company.
Key Highlights from the Report
The report indicates that no proceeds from the preferential issue were utilized during the specified quarter. As a result, the unutilized proceeds remain at ₹26.49 crore. The funds are held in fixed deposits and current accounts with scheduled commercial banks.
Utilization of Preferential Issue Proceeds
The intended use of the funds from the preferential issue includes:
Expansion of Business Operations: A portion is allocated towards expanding business in the renewable energy sector and other new business opportunities.
Debt Reduction: Funds are also earmarked for reducing existing debt.
General Corporate Purpose: A smaller percentage is allocated to general corporate activities and contingencies.
Board’s Acknowledgement
The Board of Directors reviewed and acknowledged the monitoring agency’s findings. They affirmed their commitment to monitoring the situation and undertaking appropriate actions as necessary.
Source: BSE
