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Reliance Power Limited ( (IN:RPOWER) ) just unveiled an announcement.
Reliance Power Limited has been named in a Supplementary Prosecution Complaint related to a SECI Bank guarantee issue, alongside its subsidiaries and other parties. The company asserts its innocence, claiming to be a victim of fraud and maintaining that the allegations have not been judicially scrutinized. It plans to take legal steps to protect its interests and those of its stakeholders, while continuing normal operations and focusing on sustainable growth.
More about Reliance Power Limited
Reliance Power Limited operates in the energy sector, focusing on power generation and distribution. It is committed to growth and operational excellence, serving a large shareholder base.
Average Trading Volume: 4,771,566
Technical Sentiment Signal: Sell
Current Market Cap: 155.9B INR
Find detailed analytics on RPOWER stock on TipRanks’ Stock Analysis page.