New Delhi, Aug. 24 -- Investors at the Dalal Street will watch closely the stock movement of Reliance Power Limited on Monday, August 25, aftee the company said it has received an application from Reliance Capital Limited that sought the re-classification of its status in terms of shareholding.
In a regulatory filing, the Anil Ambani-owned company said that Reliance Power has "received an application from Reliance Capital Limited seeking re-classification of its status from promoter group of the Company to public, consequent to implementation of the Resolution Plan of Reliance Capital Limited by IndusInd International Holdings Limited".
If the plea by Reliance Capital is accepted by the Board of Reliance Power, it could mean that the en...
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