Reliance Power Limited has informed the Exchange regarding a press release dated August 24, 2025, titled "Media Release ".
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Reliance Power issued a press release to clarify that Bank of India's recent action to classify the loan account of Reliance Communications Limited and Mr. Anil D Ambani as fraud has no impact on Reliance Power's business, finances, shareholders, or employees. The company emphasized that the matter pertains to events from about 10 years ago and that Reliance Communications is a separate listed entity under NCLT resolution with no business or financial linkage to Reliance Power. Mr. Anil D Ambani has not been on the board of Reliance Power for over 3.5 years. The company reiterated its focus on its own 5,305 MW power generation portfolio.
The clarification aims to reassure investors that a negative news event linked to a group company does not affect Reliance Power's standalone operations, which may help limit any short-term sentiment drag on the stock. However, lingering reputational association with the Reliance Group remains a risk factor.