Stock to watch: Reliance Power shares in focus after board approves Rs 4,200 crore fundraise plan

Reliance Power Share Price: Reliance Power's board approves raising $500 million through 10-year, unsecured FCCBs with affiliates of Värde Investment Partners. The funds will aid business expansion, investments, and debt reduction. Additionally, an ESOS scheme for employees is set up, leading to a 5% stock surge on Thursday.