Reliance Power Clarifies No Impact from CBI Actions on RCFL and RHFL

Reliance Power Limited has issued a clarification regarding media reports linking the company to the recent Central Bureau of Investigation (CBI) actions involving Reliance Commercial Finance (RCFL) and Reliance Home Finance (RHFL). The company confirmed that its operations, governance, financial performance, employees, and stakeholders remain unaffected by these developments.

Reliance Power Issues Clarification

On September 19, 2025, Reliance Power announced that the CBI’s actions strictly pertain to RCFL and RHFL. The alleged transactions being investigated are over 10 years old and do not relate to Reliance Power. The company stressed that it remains a separate and independent listed entity with no direct or indirect operational involvement in the companies under investigation.

Resolution of RCFL and RHFL Cases

The cases of RCFL and RHFL have been fully resolved under the independent resolution processes led by Bank of Baroda. The judgments of the Hon’ble Supreme Court in 2022 and 2023 oversaw complete management changes in both entities under Reserve Bank of India guidelines. Hence, these matters have no ongoing connection with Reliance Power.

No Board Involvement of Anil D. Ambani

Reliance Power highlighted that Mr Anil D. Ambani has never been on the Boards of RCFL or RHFL, as per public records. Furthermore, he has not been a part of the Board of Reliance Power for more than 3.5 years, making the company’s governance entirely independent.

Read More: CBI Charges Anil Ambani and Rana Kapoor in ₹2,797 Crore Yes Bank Corruption Case!

Reliance Power’s Position and Business Focus

Reliance Power reiterated that it is unaffected by the developments around RCFL and RHFL. The company continues to operate independently with a power generation capacity of 5,305 megawatts, including the 3,960 megawatts Sasan Ultra Mega Power Project, which has been consistently ranked the best operating power plant in India for the past 7 years. The firm remains committed to executing its business plans and creating value for shareholders and stakeholders.

Reliance Power Share Price Performance

On September 19, 2025, Reliance Power share price opened at ₹47.55 on NSE, above the previous close of ₹47.44. During the day, it surged to ₹48.25 and dipped to ₹46.57. The stock is trading at ₹47.98 as of 3:17 PM. The stock registered a moderate gain of 1.14%.

Over the past week, it has moved up by 5.10%, over the past month, it has declined by 1.90%, and over the past 3 months, it has declined by 24.46%.

Conclusion

The clarification makes it evident that Reliance Power’s financial performance, governance, and day-to-day operations stand insulated from any legal proceedings concerning RCFL and RHFL. The company emphasises its independence as a listed entity and its ongoing focus on sustainable growth.

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