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      • Reliance Power Limited has fulfilled its financial commitments as a guarantor for Vidarbha Industries Power Limited (VIPL), totalling ₹3,872.04 Crore.
      www.indiainfoline.com/news/companies/reliance-power-settles-3872-crore-guarantor-obligations

      Reliance Power settles ₹3,872 Crore guarantor obligations

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  3. economictimes.indiatimes.com › industry › energyReliance Power settles its obligations of Rs 3872 crore as ...

    Sep 17, 2024 · Reliance Power has also settled all disputes with CFM Asset Reconstruction Private Limited (CFM). 100% shares of VIPL have been pledged in favour of CFM against the release and discharge of Corporate Guarantee given by Reliance Power, it informed the exchanges.

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  5. legal.economictimes.indiatimes.com › newsReliance Power announces settlement of ₹3,872 Crore VIPL debt ...

    Sep 18, 2024 · On September 17, The Reliance Power Limited announced that the entire obligations of the Company as a Guarantor on behalf of Vidarbha Industries Power Limited (VIPL) stand fully settled resulting in release and discharge of Corporate Guarantee, Undertakings and all obligations and claims thereunder in relation to the outstanding debt of VIPL ...

  6. economictimes.indiatimes.com › markets › stocksReliance Power shares locked in 5% upper circuit on settling ...

    Sep 18, 2024 · ETMarkets.com. Shares of the troubled company Reliance Power rose 5% today, reaching a day’s high of Rs 32.98, after announcing that it has settled its obligations worth Rs 3,872.04 crore related to the guarantee for the lenders of Vidarbha Industries Power (VIPL).

  7. energy.economictimes.indiatimes.com › news › powerReliance Power settles Rs 3,872 crore guarantor obligations ...

    Sep 18, 2024 · New Delhi: Reliance Power has settled Rs 3,872 crore guarantor obligations for its subsidiary Vidarbha Industries Power, the firm said in a stock exchange filing.

  8. upstox.com › news › market-newsReliance Power settles corporate guarantee of ₹3,872.04 crore ...

    Sep 18, 2024 · Reliance Power’s shares were up 5% after the company announced that it has settled a corporate guarantee of ₹3,872.04 crore. As a result, Vidarbha Industries Power (VIPL) has ceased to be a subsidiary of the company.

  9. www.thehindubusinessline.com › companies › relianceReliance Power settles ₹3,872 cr guarantor obligations for ...

    Sep 18, 2024 · Reliance Power Ltd said its obligations as a guarantor on behalf of Vidarbha Industries Power Ltd (VIPL) stand fully settled, resulting in the release and discharge of corporate...

  10. www.moneycontrol.com › news › businessReliance Power settles obligations worth Rs 3,872 crore ...

    Sep 18, 2024 · Reliance Power's obligations as a guarantor on behalf of Vidarbha Industries Power have been fully settled, resulting in the release of all obligations related to the debt of Rs 3,872.04 crore.