Anil Ambani’s Reliance Power Share Price Surge After ₹99 Crore Deal With Singapore Based Company

By Lokmat Times Desk | Updated: September 29, 2025 12:08 IST2025-09-29T12:07:07+5:302025-09-29T12:08:10+5:30

Reliance Power's stock has seen a significant rise, jumping 2.7% on the Bombay Stock Exchange (BSE), reaching an intra-day high ...

Anil Ambani’s Reliance Power Share Price Surge After ₹99 Crore Deal With Singapore Based Company | Anil Ambani’s Reliance Power Share Price Surge After ₹99 Crore Deal With Singapore Based Company

Anil Ambani’s Reliance Power Share Price Surge After ₹99 Crore Deal With Singapore Based Company

Reliance Power's stock has seen a significant rise, jumping 2.7% on the Bombay Stock Exchange (BSE), reaching an intra-day high of ₹46 per share. The stock was trading at ₹45.75, marking a 2.19% increase from its previous closing price. Year-to-date, it has gained 2.79 percent, and over the past year it has traded between Rs 31.27 and Rs 76.49.

This surge in the stock price comes after Reliance Power Ltd said it has entered into a share purchase agreement to sell its entire equity stake in five Indonesian step-down subsidiaries. The agreement, signed on September 29, 2025, involves the sale of PT Avaneesh Coal Resources, PT Heramba Coal Resources, PT Sumukha Coal Services, PT Brayan Bintang Tiga Energi, and PT Sriwijaya Bintang Tiga Energi.The transaction will be executed by Reliance Power Netherlands B.V. and Reliance Natural Resources (Singapore) Pte. Ltd., which together hold the subsidiaries. The buyer, Biotruster (Singapore) Pte. Ltd., is unrelated to the Reliance group.

The deal, valued at ₹99.6 crore (approximately $12 million), payable on closing, which is expected by December 30, 2025. Reliance Power disclosed that the subsidiaries contributed no income in FY25 and had a combined net worth of Rs 16,909 lakh, accounting for 0.53 percent of the consolidated net worth. The company confirmed that the deal is not a related-party transaction and doesn't fall outside the scope of any scheme of arrangement. The buyer does not belong to the promoter, promoter group, or group companies. The recent move is expected to have a significant impact on the company’s future strategy and operations.

Reliance Power reported a net profit of ₹125.6 crore for the fourth quarter of FY25 after posting a net loss of ₹397.6 crore in the corresponding quarter previous fiscal. At the operating level, EBITDA jumped 1,109 per cent to Rs 589.8 crore in the fourth quarter of FY25 over Rs 48.8 crore in the corresponding period in the previous fiscal. EBITDA margin stood at 29.8 per cent in FY25 as compared to 2.4 per cent in the corresponding period in the previous fiscal. Reliance Power has achieved zero bank debt status on a standalone basis, marking a historic turning point in its financial journey. The company cleared Rs 4,217 crore in debt obligations during the April-December 2024 period. Key strategic moves included settling outstanding dues with major lenders.The share price of Reliance Power surged over 100% in a year. As of June 2025, Reliance Power has a market capitalization of approximately Rs 27,730 crore, with its share price hovering around Rs 67/share.

 

 

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