In continuation to its earlier letter dated September 17, 2024 and pursuant to Regulation 30 of the Listing Regulations read with SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, Reliance Power has informed that Vidarbha Industries Power (VIPL) ceases to be a subsidiary of the Company and the entire obligations of the Company as a Guarantor on behalf of VIPL stands 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 amounting to Rs 3872.04 Crore. The requisite disclosure is set out in Annexure A to this letter.
The above information is a part of company’s filings submitted to BSE.
