tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Executive Resignation at Reliance Power Amid Legal Investigation

Story Highlights
Executive Resignation at Reliance Power Amid Legal Investigation

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Reliance Power Limited ( (IN:RPOWER) ) is now available.

Reliance Power Limited announced the resignation of Ashok Kumar Pal from his roles as Executive Director and Chief Financial Officer, effective October 11, 2025. This resignation is linked to an ongoing investigation in which Pal maintains his innocence, but has chosen to step down to focus on clearing his name. The departure of a key executive amid legal proceedings could impact the company’s management stability and investor confidence.

More about Reliance Power Limited

Reliance Power Limited operates in the energy sector, focusing on power generation and distribution. It is part of the Reliance Group, which is one of India’s largest conglomerates, with a significant presence in the Indian energy market.

Average Trading Volume: 2,786,256

Technical Sentiment Signal: Buy

Current Market Cap: 201B INR

Find detailed analytics on RPOWER stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1