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The latest announcement is out from Reliance Power Limited ( (IN:RPOWER) ).
Reliance Power Limited announced the resignation of Mr. Ashok Kumar Pal from his roles as Executive Director and Chief Financial Officer, effective October 11, 2025. This decision follows his arrest related to an ongoing investigation by the Enforcement Directorate, which stems from a complaint he originally filed. Mr. Pal maintains his innocence but has chosen to resign to focus on clearing his name. This resignation could impact the company’s leadership dynamics and may influence stakeholder confidence amidst the ongoing investigation.
More about Reliance Power Limited
Reliance Power Limited operates in the energy sector, focusing on the generation of power through various sources. It is a part of the Reliance Group and is involved in developing, constructing, and operating power projects both domestically and internationally.
Average Trading Volume: 2,786,256
Technical Sentiment Signal: Buy
Current Market Cap: 183.8B INR
For an in-depth examination of RPOWER stock, go to TipRanks’ Overview page.