RPOWERNSEReliance Power Limited· PowerHighNegative
Announced Wed, 20 May · 22:24 IST

Reliance Power Limited has informed the Exchange about Action(s) taken or orders passed

Regulatory & Legal View source PDF

RPOWER · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-0.5%1-day move
₹27.14
prior close
₹27.32
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.0+0.4+0.1+1.6-0.5-1.4-1.4+2.1+1.8-0.8-2.0-2.7-10.4
Up moveDown movePending
AI summary

Reliance Power Limited has disclosed receipt of orders dated May 18, 2026 from the Adjudicating Authority under PMLA (Prevention of Money Laundering Act) in case ECIR/STF/17/2025. The authority has confirmed provisional attachment of certain company assets worth Rs. 407.60 crore. The attachment can last up to 365 days under PMLA provisions, subject to appeal outcome. The company states there is no impact on business operations and has announced it will file an appeal challenging the asset attachment. The alleged violations relate to provisions of the Prevention of Money Laundering Act.

Likely market impact

This represents a significant enforcement action against the company with Rs. 407.60 crore in assets under attachment. While the company claims no impact on operations, this could create uncertainty for investors and may invite regulatory scrutiny. The upcoming appeal provides some downside protection.