Reliance Power Limited has informed stock exchanges that the Securities and Exchange Board of India (SEBI) has initiated a forensic audit of the company. The disclosure was made on January 14, 2026, under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Regulatory Action Details

The forensic audit has been initiated in relation to alleged violations of multiple regulatory frameworks. The company's disclosure indicates that SEBI is investigating potential breaches across three key pieces of legislation.

Company Communication

The disclosure was communicated to both major stock exchanges where Reliance Power Limited shares are listed. The company maintains its registered office at Reliance Centre, Ground Floor, 19, Walchand Hirachand Marg, Ballard Estate, Mumbai.

Official Documentation

The regulatory disclosure was signed by Company Secretary Ramandeep Kaur and digitally authenticated on January 14, 2026, at 23:11:35 +05'30'. The communication was addressed to both BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai, and National Stock Exchange of India Limited at Exchange Plaza, Bandra Kurla Complex.

Compliance Framework

The disclosure falls under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, which mandates companies to inform stock exchanges about material events and information that could impact investor decisions. The company has fulfilled its regulatory obligation by promptly notifying the exchanges about the forensic audit initiation.

GMR Power and Urban Infra Limited is preparing to review a major fundraising proposal that could significantly boost its capital base. The company has scheduled a review meeting for December 17 to consider raising substantial funds through equity instruments.

Fundraising Details

The proposed capital raising initiative involves mobilizing up to ₹1,200.00 crore through strategic financial instruments. The company is considering multiple options for this fundraising exercise:

Strategic Capital Initiative

The fundraising proposal represents a significant financial move for GMR Power and Urban Infra Limited. By exploring both equity shares and warrants as potential instruments, the company is providing flexibility in its capital raising approach. This dual-option strategy may allow the company to optimize its fundraising based on market conditions and investor preferences.

Timeline and Process

The December 17 review date marks a crucial milestone in the company's capital raising timeline. During this review, the company's leadership plans to evaluate the proposal's merits, assess market conditions, and determine the most appropriate path forward for the fundraising initiative.

This capital raising exercise, if approved, could provide GMR Power and Urban Infra Limited with substantial financial resources to support its operational requirements and strategic objectives. The company's decision to consider such a significant fundraising amount indicates its intention to strengthen its financial position and support future business activities.