Reliance Power Issues Official Clarification on ED Raid Reports Under Regulation 30

1 min read     Updated on 06 Mar 2026, 01:36 PM
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Reliance Power has issued a formal clarification to BSE and NSE under Regulation 30, categorically denying media reports about Enforcement Directorate raids at company premises. The official communication, signed by Company Secretary Ramandeep Kaur on March 06, 2026, states that no such enforcement action was carried out at any company offices, demonstrating the firm's commitment to transparency and accurate market information.

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Reliance Power has issued an official clarification to stock exchanges under Regulation 30, categorically denying media reports about Enforcement Directorate raids at the company's offices. The formal communication, signed by Company Secretary Ramandeep Kaur, addresses and corrects earlier reports that suggested enforcement action had taken place at the power generation company.

Official Stock Exchange Communication

In a formal letter dated March 06, 2026, addressed to both BSE Limited and National Stock Exchange of India Limited, Reliance Power clarified its position regarding the alleged enforcement action. The company stated that "to the best of its knowledge, no such action has been carried out at any of the offices or premises of the Company."

Parameter: Details
Communication Date: March 06, 2026
Addressees: BSE Limited & NSE India Limited
Subject: Clarification on Media Reports
Company Secretary: Ramandeep Kaur
BSE Scrip Code: 532939
NSE Symbol: RPOWER

Regulatory Compliance Framework

The clarification was issued under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, which mandates listed companies to disclose material events and information that could impact investor decisions. This formal communication demonstrates the company's commitment to maintaining transparency with stakeholders and correcting misinformation in the market.

Market Information Correction

The official statement directly addresses various media reports that had alleged Enforcement Directorate raids at locations linked to Reliance Power Limited. By providing this clarification through proper regulatory channels, the company ensures that accurate information reaches investors, analysts, and other market participants who may have been influenced by the earlier reports.

Aspect: Status
Previous Media Reports: ED raids alleged
Company Position: No raids conducted
Verification Method: Official stock exchange filing
Regulatory Framework: Regulation 30 compliance

Corporate Governance and Transparency

The prompt issuance of this clarification reflects Reliance Power's adherence to corporate governance standards and its commitment to maintaining clear communication with stakeholders. The digitally signed document from the Company Secretary provides an official record that can be referenced by investors, regulators, and other interested parties seeking accurate information about the company's regulatory status.

Historical Stock Returns for Reliance Power

1 Day5 Days1 Month6 Months1 Year5 Years
-2.15%-7.65%-12.85%-53.33%-51.38%+359.12%

Reliance Power Announces Voluntary Winding Up of Bangladesh Subsidiary

1 min read     Updated on 06 Mar 2026, 09:17 AM
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Reliance Power Limited has disclosed the cessation of its wholly owned subsidiary, Reliance Chittagong Power Company Limited, Bangladesh, following voluntary winding up completed on March 04, 2026. The subsidiary contributed nil revenue during FY2025 but maintained a net worth of ₹35 lakhs. The company made the requisite regulatory disclosure under SEBI regulations after receiving intimation on March 05, 2026.

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Reliance Power Limited has announced the cessation of its wholly owned subsidiary, Reliance Chittagong Power Company Limited, Bangladesh, following the completion of voluntary winding up proceedings. The company disclosed this development under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Subsidiary Financial Performance

The Bangladesh subsidiary's financial contribution to Reliance Power's consolidated operations remained minimal during the last financial year. According to the disclosure, the subsidiary generated no revenue during the financial year ended March 31, 2025.

Financial Parameter: Amount
Revenue Contributed: Nil
Percentage of Revenue: Nil (on consolidated basis)
Net Worth Contributed: ₹35 lakhs

Winding Up Process

The voluntary winding up of Reliance Chittagong Power Company Limited was completed on March 04, 2026. Reliance Power received formal intimation of this development on March 05, 2026, the same day the regulatory disclosure was filed with the stock exchanges.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the Listing Regulations, read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. The company confirmed that several standard disclosure requirements were not applicable in this case, including:

  • Sale agreement details
  • Consideration received
  • Buyer information
  • Related party transaction aspects

This development marks the formal closure of Reliance Power's operations in Bangladesh through this particular subsidiary entity, which had maintained a presence in the country's power sector.

Historical Stock Returns for Reliance Power

1 Day5 Days1 Month6 Months1 Year5 Years
-2.15%-7.65%-12.85%-53.33%-51.38%+359.12%

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1 Year Returns:-51.38%