Reliance Infrastructure Issues Official Media Statement on Former Executives

1 min read     Updated on 16 Apr 2026, 01:19 PM
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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 Day5 Days1 Month6 Months1 Year5 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?

How might this clarification impact investor confidence in Reliance Infrastructure's current leadership and governance practices?

Reliance Power Limited Files Half-Yearly Debt Securities Statement for March 31, 2026

1 min read     Updated on 11 Apr 2026, 04:59 AM
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Reliance Power Limited filed its half-yearly debt securities statement as on March 31, 2026, showing ₹250.00 crore outstanding debt securities with 8.00% coupon rate. The debt instrument, issued on July 10, 2017, matures on June 30, 2035, with interest payable at tenure end. The filing was submitted to stock exchanges on April 10, 2026, in compliance with SEBI regulations.

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Reliance Power Limited has submitted its mandatory half-yearly statement of debt securities as on March 31, 2026, to the stock exchanges. The filing was made on April 10, 2026, in compliance with SEBI Master Circular No. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025.

Debt Securities Portfolio

The company's debt securities statement reveals a single issuance of non-convertible debentures with specific terms and conditions. The debt instrument was originally issued in July 2017 and carries a long-term maturity profile extending to 2035.

Parameter: Details
ISIN Number: INE614G07089
Issuance Date: July 10, 2017
Maturity Date: June 30, 2035
Coupon Rate: 8.00%
Amount Issued: ₹250.00 crore
Amount Outstanding: ₹250.00 crore
Payment Frequency: Interest payable at end of tenure
Embedded Options: None

Regulatory Compliance

The statement was filed with both BSE Limited and National Stock Exchange of India Limited as part of the company's ongoing regulatory obligations. Company Secretary Ramandeep Kaur digitally signed the submission on April 10, 2026, ensuring proper authentication and compliance with electronic filing requirements.

Interest Payment Structure

The debt securities feature a unique payment structure where the 8.00% coupon interest is payable at the end of the tenure on June 30, 2035, rather than through periodic payments. This bullet payment structure means investors will receive accumulated interest along with principal repayment at maturity.

Depository Notifications

Copies of the filing were simultaneously sent to both major depositories in India - National Securities Depository Limited and Central Depository Services (India) Limited - ensuring comprehensive record-keeping and transparency across all relevant regulatory and market infrastructure institutions.

Historical Stock Returns for Reliance Power

1 Day5 Days1 Month6 Months1 Year5 Years
-0.62%+16.61%+28.06%-36.27%-31.37%+510.85%

How will Reliance Power manage the substantial bullet payment of ₹250 crore plus accumulated interest when the debentures mature in 2035?

What impact could rising interest rates have on Reliance Power's refinancing options as the 2035 maturity approaches?

Will Reliance Power consider issuing new debt securities to diversify its maturity profile and reduce concentration risk?

More News on Reliance Power

1 Year Returns:-31.37%