Reliance Power Ltd s two subsidiaries Kalai Power Pvt Ltd and Reliance Cleangen Ltd, have signed a debt settlement and discharge agreement with Reliance Commercial Finance Ltd (RCFL), a wholly-owned subsidiary of Authum Investment & Infrastructure Limited, a regulatory filing said.
Reliance Power s two subsidiaries settle Rs 1,023-crore debt - Industry News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Authum Investment: In a stock exchange disclosure, the company informed that the value of total outstanding debt that has been settled stood at Rs 1,023 crore.
Get latest articles and stories on Latest News at LatestLY. Reliance Power on Wednesday said its two subsidiaries have settled debt worth Rs 1,023 crore with Authum Investment's arm Reliance Commercial Finance. Latest News | RPower's 2 Subsidiaries Settle Rs 1,023-cr Debt.
The settlement involved two subsidiaries of Reliance Power, namely Kalai Power Pvt Ltd and Reliance Cleangen Ltd, signing a debt settlement and discharge agreement with RCFL