Promoters of Reliance Power have declared that they have not created any encumbrance on the company's shares, directly or indirectly. The disclosure was submitted to the stock exchanges on April 10, 2026, in compliance with Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration was made on behalf of the promoters and other entities belonging to the promoter group. It was signed by Paresh Rathod, Company Secretary of Reliance Infrastructure Limited, on behalf of the promoter group.

The filing lists the specific entities for whom the disclosure is being made. The list includes individual promoters such as Smt. Kokila D. Ambani, Shri Anil D Ambani, Smt. Tina A Ambani, Shri Jai Anmol A Ambani, and Shri Jai Anshul A Ambani.

Corporate entities included in the declaration are Reliance Infrastructure Limited, Reliance Innoventures Private Limited, RWTIPL Industries Private Limited, and Reliance Project Ventures and Management Private Limited.

A note in the disclosure clarifies the status of Reliance Innoventures Private Limited (RIPL). The company stated that RIPL underwent a change in ownership and control following the implementation of a Resolution Plan under the Corporate Insolvency Resolution Process (CIRP). This change was pursuant to an order dated January 6, 2026, passed by the Hon’ble National Company Law Tribunal, Mumbai Bench. Consequently, RIPL and its subsidiaries have ceased to be part of the Promoter and Promoter Group of Reliance Power Limited. The disclosure regarding RIPL is being made out of abundant caution pending the reclassification process under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Promoter Group Entities

*Note: Reliance Innoventures Private Limited and its subsidiaries have ceased to be part of the Promoter Group following a CIRP order dated January 6, 2026. #Formerly known as Reliance Wind Turbine Installators Industries Private Limited.

Reliance Power has been penalised ₹2.45 crore by the Income Tax Department for Assessment Year 2016-17. The order, dated June 29, 2026, was received by the company on July 02, 2026. The penalty was levied under Section 271(1)(c) of the Income-tax Act, 1961, by the Assessment Unit (National Faceless Penalty Centre).

The penalty follows a disallowance under Section 14A read with Rule 8D and a transfer pricing adjustment. The company disclosed that apart from the monetary penalty of ₹2,44,93,394, there is no impact on its financial, operational, or other activities.

Reliance Power intends to challenge the order. Based on the merits of the matter, prevailing law, and legal counsel, the company plans to file an appeal before the Appellate Authorities. Management has expressed a reasonable expectation of a favourable order.

Details of the Order

The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The table below outlines the key details of the regulatory action: