Anil Ambani’s Reliance Power (Rpower) will be debt-free company soon

Looks like Reliance Power would be a completely debt-free company soon the way it is repaying debts.  As per recent news from sources it has repaid complete debts to Canara Bank and JC Flower.
There is a clear indication of reducing the debt and increasing the stake when the owner increases his shareholding in the company from 9.1% two years ago to today 25%.
While FII also doubled their stake from around 4% to around 8% in the same duration.
A company can opt the option of converting its debt of loan and its interest to convert into equity. It would ultimately increase the profitability and reduce outstanding debts. In the case of Reliance Power it has already explored such option in the past.
With respect to recent trading sessions in this particular shares seen with high volume of transaction which is why it has secured the category of most active shares of the day.
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