Mumbai | 24th July 2025: Reliance Power Limited (Reliance Power) wishes to clarify regarding the media reports regarding the recent action by the enforcement agency. The said actions have absolutely no impact on the business operations, financial performance, shareholders, employees, or any other stakeholders of Reliance Power.
The media reports appear to pertain to allegations concerning transactions of Reliance Communications Limited (RCOM) or Reliance Home Finance Limited (RHFL) which are over 10 years old.
It is clarified that Reliance Power is a separate and independent listed entity with no business or financial linkage to RCOM or RHFL.
RCOM is undergoing Corporate Insolvency Resolution Process as per the Insolvency and Bankruptcy Code, 2016 since over 6 years.
RHFL has been fully resolved pursuant to the judgment of the Hon’ble Supreme Court of India.
Similar allegations as those set out in the media reports are sub-judice and pending before the Hon’ble Securities Appellate Tribunal, as per publicly available information.
Further, Mr. Anil D. Ambani is not on the Board of Reliance Power. Accordingly, any action taken against RCOM or RHFL has no bearing or impact on the governance, management, or operations of Reliance Power.
Reliance Power continues to focus on its business plans and remains committed to creating value for all stakeholders.
