Reliance Infrastructure named accused in CBI chargesheet in RHFL matter

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Reliance Infrastructure named accused in second CBI chargesheet
  • Disclosure made under SEBI Regulation 30 on October 1, 2026
  • Company commits to safeguarding shareholder interests legally
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Reliance Infrastructure Limited has been named as one of the accused in the second chargesheet filed by the Central Bureau of Investigation (CBI) in the case involving Reliance Home Finance Limited. The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company stated that it learned of this development from a press release issued by the CBI on October 1, 2026. This marks the second instance where the company has been implicated in the ongoing legal proceedings related to the financial institution.

Company response and regulatory compliance

In its filing to stock exchanges, Reliance Infrastructure assured stakeholders that it would take all appropriate steps to safeguard its interests and those of its shareholders and other stakeholders. The company indicated that these measures would be taken as legally advised.

The disclosure references SEBI Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, which mandates such disclosures. The communication was signed by Paresh Rathod, Company Secretary, confirming the details for the records of BSE Limited and National Stock Exchange of India Limited.

Historical Stock Returns for Reliance Power

1 Day5 Days1 Month6 Months1 Year5 Years
-1.42%-7.70%-13.54%-4.67%-56.24%+42.20%

How might the second CBI chargesheet impact Reliance Infrastructure's ability to secure new infrastructure contracts and project financing?

What are the potential regulatory consequences for Reliance Home Finance Limited following the escalation of legal proceedings against its parent entity?

Could this renewed legal scrutiny trigger credit rating downgrades for Reliance Infrastructure, affecting its debt servicing costs?

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
-1.42%-7.70%-13.54%-4.67%-56.24%+42.20%

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?

More News on Reliance Power

1 Year Returns:-56.24%