Reliance Power's founder companies including Reliance Infrastructure (India's No. 2 private power producer ) have raised 15 billion rupees by selling a 5.42 percent stake in the Indian firm. The sale helps to meet a regulatory requirement mandating listed companies to make at least a quarter of their equity available for public trading.
Billionaire Anil Ambani's group companies sold a total 152 million shares at 95 rupees apiece, Reliance said, a 3 percent discount to Wednesday's closing
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