Reliance Power director Sachin Mohapatra resigns citing personal reasons

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Reviewed by
Anirudha BScanX News Team
Key Highlights
  • Sachin Mohapatra resigned as Non-Executive and Non-Independent Director of Reliance Power
  • Cessation effective immediately from September 25, 2026
  • Resignation attributed solely to personal family reasons
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Reliance Power Limited announced the resignation of Sachin Mohapatra as a Non-Executive and Non-Independent Director on September 25, 2026. The departure is effective immediately, with the company attributing the change to personal family reasons.

Board composition update

Mohapatra’s resignation was disclosed to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that no other material reasons exist for his cessation from the board beyond those stated in his resignation letter.

Disclosure Item Details
Director Name Sachin Mohapatra
DIN 07791421
Role Non-Executive, Non-Independent Director
Reason for Change Resignation
Cessation Date September 25, 2026

Resignation details

In his letter to the Board of Directors, Mohapatra expressed gratitude for the opportunity to serve and wished the company continued success. He confirmed that there are no other material reasons for his resignation. The company secretary, Ramandeep Kaur, signed off on the disclosure to BSE and NSE.

Historical Stock Returns for Reliance Power

1 Day5 Days1 Month6 Months1 Year5 Years
-0.48%-2.28%-10.91%-3.88%-55.73%+57.02%

Will Reliance Power announce a replacement director soon, and how might this impact the board's strategic direction?

How does Sachin Mohapatra's departure affect Reliance Power's compliance with SEBI's minimum independent director requirements?

Could this resignation signal broader governance changes or investor concerns within Reliance Power's leadership structure?

Reliance Power named as accused in CBI supplementary chargesheet

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Reliance Power named as accused in CBI's first supplementary chargesheet
  • Case pertains to the Reliance Commercial Finance Limited matter
  • Disclosure made under SEBI Regulation 30 on September 7, 2026
  • Company vows to safeguard stakeholder interests as legally advised
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Reliance Power has been named as an accused in the first supplementary chargesheet filed by the Central Bureau of Investigation (CBI) in the Reliance Commercial Finance Limited matter. The disclosure was made via a press release issued by the company on September 7, 2026.

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also references SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Regulatory Disclosure Details

The company informed stock exchanges that it learned of its inclusion as an accused from a press release issued by the CBI. The filing confirms this is the first supplementary chargesheet in the specific matter involving Reliance Commercial Finance Limited.

Reliance Power stated that it will take all appropriate steps to safeguard its interests, as well as those of its shareholders and other stakeholders. The company noted that these actions will be taken as legally advised.

Ramandeep Kaur, Company Secretary at Reliance Power, signed the disclosure. The document was digitally signed and dated September 7, 2026.

Historical Stock Returns for Reliance Power

1 Day5 Days1 Month6 Months1 Year5 Years
-0.48%-2.28%-10.91%-3.88%-55.73%+57.02%

How might this CBI chargesheet impact Reliance Power's ongoing debt restructuring negotiations with lenders?

What are the potential implications for the company's stock liquidity and trading status on Indian exchanges following this disclosure?

Could this legal development affect Reliance Power's ability to secure new financing or refinance existing obligations in the near term?

More News on Reliance Power

1 Year Returns:-55.73%