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
-0.63%-2.27%-8.85%-5.31%-52.75%0.0%

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?

Reliance Power gets CBI pre-cognizance notice in PMLA case

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Reviewed by
Suketu GScanX News Team
Key Highlights

Reliance Power and its subsidiary Reliance CleanGen received a pre-cognizance notice from the Special Judge, CBI, New Delhi, over alleged PMLA violations of ~₹715 crore linked to Reliance Home Finance. The matter is at the pre-cognizance stage under Section 223 of the Bharatiya Nagarik Suraksha Sanhita, 2023, with the ED's complaint citing sections 3 and 4 of PMLA. The company disclosed the development under Regulation 30 of SEBI's listing regulations and stated that financial implications remain unascertainable at this stage.

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Reliance Power and its subsidiary Reliance CleanGen Limited have received a pre-cognizance notice from the Special Judge, CBI, New Delhi. The notice pertains to a complaint filed by the Enforcement Directorate (ED) concerning an alleged amount of approximately ₹715 crore under sections 3 and 4 of the Prevention of Money Laundering Act (PMLA). The matter involves Reliance Home Finance Limited and others.

The legal proceeding is at the pre-cognizance stage under Section 223 of the Bharatiya Nagarik Suraksha Sanhita, 2023. This procedural step allows the court to examine whether there are sufficient grounds to register a formal case or proceed with further investigation based on the ED's complaint.

Regulatory disclosure

The company made the disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, which mandates timely disclosure of material events that could impact the company's operations or financial position.

Entity: Status in case Alleged amount Legal provision
Reliance Power Limited: Proposed accused ~₹715 crore Sections 3 & 4, PMLA
Reliance CleanGen Limited: Proposed accused ~₹715 crore Sections 3 & 4, PMLA

Financial implications

Reliance Power stated that the expected financial implication of the notice is not ascertainable at this stage. The company affirmed that it will take all appropriate steps to safeguard its interests as legally advised. As the matter is in its early procedural phase, no immediate impact on the company's balance sheet or cash flows has been quantified by management.

Historical Stock Returns for Reliance Power

1 Day5 Days1 Month6 Months1 Year5 Years
-0.63%-2.27%-8.85%-5.31%-52.75%0.0%

How might the potential registration of a formal FIR under PMLA impact Reliance Power's ability to secure new financing or refinance existing debt?

What are the likely short-term effects on Reliance Power's stock price and trading volume given the uncertainty surrounding the ₹715 crore allegation?

Could this legal proceeding trigger a review of Reliance Power's ongoing green energy projects or partnerships with Reliance CleanGen Limited?

More News on Reliance Power

1 Year Returns:-52.75%