Reliance Infrastructure Issues Official Media Statement on Former Executives
Reliance Infrastructure has issued a comprehensive media statement under Regulation 30 of SEBI Listing Regulations, clarifying that two former executives, Amitabh Jhunjhunwala and Amit Bapna, departed from the Reliance Group in September and December 2019 respectively, with no association thereafter. The company serves approximately 50 lakh shareholders across power, roads, metro rail, and defence sectors.

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Reliance Infrastructure has issued an official media statement under Regulation 30 of SEBI Listing Regulations, providing detailed clarification regarding two former executives who departed from the Reliance Group nearly seven years ago.
Regulatory Disclosure Details
The company filed the disclosure on April 16, 2026, with both BSE and NSE pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statement was issued in response to media queries regarding the status of former executives and was signed by Company Secretary Paresh Rathod.
Executive Departure Timeline
| Executive: | Departure Date | Former Position | Current Status |
|---|---|---|---|
| Amitabh Jhunjhunwala | September 2019 | Group Managing Director, Vice Chairman of Reliance Capital | No association with Group |
| Amit Bapna | December 2019 | CFO of Reliance Capital, Director of Reliance Home Finance | No association with Group |
The clarification confirms that Mr. Amitabh Jhunjhunwala left the Reliance Group in September 2019, while Mr. Amit Bapna departed in December 2019. Both executives have maintained no association with the Group thereafter, including with Reliance Infrastructure Limited and Reliance Power Limited.
Company Profile and Operations
Reliance Infrastructure Limited operates as one of India's largest infrastructure companies, executing projects through various Special Purpose Vehicles across multiple high-growth sectors. The company serves as a major player in providing Engineering and Construction services for developing power, infrastructure, metro and road projects.
Group Structure and Business Segments
| Parameter: | Details |
|---|---|
| Combined Investor Base: | Approximately 50 lakh shareholders |
| Business Segments: | Power, Roads, Metro Rail, Defence |
| Key Services: | Engineering & Construction services |
| Market Position: | Major infrastructure player |
The Reliance Group, encompassing Reliance Infrastructure Limited and Reliance Power Limited, serves millions of customers and consumers across various infrastructure sectors. Reliance Power Limited maintains a total installed capacity of 5,305 MW, including the approximately 4,000 MW Sasan Ultra Mega Power Project in Madhya Pradesh.
Contact Information
The media statement includes contact details for further inquiries, with Daljeet Singh and Biswajit Baruah designated as official contacts. The disclosure emphasizes the complete severance of professional relationships that occurred nearly seven years ago, establishing a clear record of the current status of these former executives.
Historical Stock Returns for Reliance Power
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.62% | +16.61% | +28.06% | -36.27% | -31.37% | +510.85% |
What prompted Reliance Infrastructure to issue this clarification about executives who left nearly seven years ago?
Could this regulatory disclosure signal potential legal or regulatory scrutiny involving the former executives?
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