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Reliance Power Limited ( (IN:RPOWER) ) has issued an update.
Reliance Power Limited has announced that it received a Show Cause Notice from SEBI concerning Reliance Infrastructure Limited’s involvement with CLE Private Limited, regarding alleged violations of SEBI regulations. However, Reliance Power clarified that it has no exposure to CLE Private Limited and will address the matter as per legal advice, indicating a proactive approach to regulatory compliance and stakeholder transparency.
More about Reliance Power Limited
Reliance Power Limited operates in the energy sector, focusing on power generation and distribution. The company is part of the larger Reliance Group and is involved in developing, constructing, and operating power projects across India.
Average Trading Volume: 2,521,855
Technical Sentiment Signal: Buy
Current Market Cap: 192.1B INR
Learn more about RPOWER stock on TipRanks’ Stock Analysis page.