Meet a man who reduces his company's debt by 80%

Anil Ambani- MD and Chairman of Reliance Group

Anil Ambani's company's value goes up by Rs 24,000 crore

Anil Ambani had a noteworthy month, as Reliance Power became debt-free, and Reliance Infra reduced its debt by 80%.

Anil Ambani saw a remarkable rise in fortunes as the stock prices of his companies, Reliance Power Limited and Reliance Infrastructure, surged even amid the market crash. Reliance Power's stock price jumped from Rs 36 to Rs 53.64 in just 10 days, boosting the company's value by over Rs 4,000 crore. Similarly, Reliance Capital | Reliance Group's market capitalization grew from Rs 16,000 crore to Rs 20,000 crore.

This financial restructuring led to a surge in investor interest and an influx of new orders for both companies. Furthermore, during a key board meeting, the company approved an Employee Stock Option Scheme (ESOS) in line with SEBI regulations.

Notable equity investors, including Sanjay Dangi and Sanjay Kothari, are set to invest Rs 925 crore in Reliance Power Limited, which recently secured a project to harness 1,270 MW of solar and hydropower in Bhutan.

Reliance Power Limited also announced a special share issue of 46.20 crore shares worth Rs 1,524.60 crore, aimed at strengthening its operations in renewable energy.

Anil Ambani's journe teach us that time changes for everyone the only thing we need to do is be consistent and doign hardwork for our goals and dreams.