Reliance Power Limited has informed the Exchange about Sale or disposal
RPOWER · price
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On the reaction day the stock moved 0.4 pts less than Nifty Smallcap 250 and 0.5 pts less than its Power Generation peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Reliance Power has informed the exchanges that its wholly owned Bangladesh subsidiary, Reliance Chittagong Power Company Limited, has begun voluntary winding up, effective March 4, 2026. The subsidiary contributed Nil revenue and only about ₹35 lakhs to net worth in the last financial year, meaning it was a non-operational, immaterial entity. Since it is a winding up rather than a sale, no consideration was received and no buyer was involved. The disclosure is being made under SEBI's Listing Regulations to formally record the subsidiary's cessation.
Minimal impact for shareholders — the subsidiary contributed nothing to revenue and had negligible net worth, so winding it up has no material financial effect on Reliance Power. This is essentially a cleanup of an inactive overseas entity rather than a strategic divestment.