Reliance Power's monitoring agency reports nil deviation in utilization of ₹1,524.60 crore preferential issue proceeds for Q4 FY26.
Company utilized ₹26.49 crore during the quarter, primarily for business expansion and general corporate purposes.
Infomerics Valuation confirmed full utilization of proceeds as per SEBI ICDR Regulations 2018 requirements.
The report covers 46.2 crore warrants issued in October-November 2024, with partial conversion to equity shares.