- Reliance Power Limited (NSE: RPOWER, BSE: 532939) disclosed a regulatory notice naming it and its subsidiary Reliance CleanGen Limited as proposed accused in an Enforcement Directorate complaint for an alleged ≈ Rs. 715 crore under the PMLA.
- The complaint invokes Section 3 and Section 4 of the Prevention of Money‑Laundering Act concerning Reliance Home Finance Limited & Others.
- A Pre‑Cognizance notice under Section 223 of the Bharatiya Nagarik Suraksha Sanhita, 2023 was issued by a Special Judge, CBI, New Delhi on 17 August 2026.
- The company says the financial impact cannot be quantified at this stage.
- It will take all appropriate steps to safeguard its interests as advised by legal counsel.
Reliance Power disclosed a pre‑cognizance notice over a Rs 715 crore money‑laundering case, which is likely to weigh on the share price in the near term. The market may react negatively as the legal exposure is uncertain, but the impact could ease as details emerge.
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Forecast from comparable, historic events. Not investment advice.
Frism is a financial information and news discovery platform. We provide factual summaries and data correlations for educational and informational purposes only. Frism does not provide investment advice, buy/sell recommendations, or directional market outlooks. Users should consult a qualified financial advisor before making any investment decisions.
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