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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.