Epic Update: Reliance Power

[Epicresearch123]

Anil Dhirubhai Ambani Group company Reliance Power was down nearly 2 percent intraday on Tuesday as its promoters are going to sell 5.42 percent stake in the company via offer for sale (OFS) route on December 19.
The company said its promoters Reliance Infrastructure Limited, Reliance Innoventures Private Limited and AAA Project Ventures Private Limited will sell 15,20,51,807 equity shares aggregating to approximately 5.42 percent of the paid up equity share capital of Reliance Power Limited through a sale on the separate window provided by the BSE.