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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.

Key figures
Value₹1,568 Cr
Source

NSE filing, NSE: RPOWER. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

Reliance Power Ltd: key numbers

Share price
₹17.39
Market cap
₹7,192 Cr
Revenue (annual)
₹7,620 Cr
Net profit (annual)
₹-336.9 Cr
P/E (TTM)
-22.7×Sector 21.0×
Promoter holding
24.98%+0.00% QoQ
FII holding
13.46%Current quarter

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

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