Reliance Power to set up board of management to strengthen governance
This story was originally published at 18:10 IST on 19 November 2025
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AHMEDABAD – Reliance Power Ltd.'s board has approved constitution of a board of management in its pursuit of stronger governance, sharper oversight mechanisms and to build a more agile future-ready organisation, the company said in a filing with the stock exchanges Wednesday.
This board of management would comprise the chief executive officer, key management personnel, and senior business leaders of the company. The move comes amid allegations against the Anil Ambani group companies by multiple government agencies such as the Enforcement Directorate and stock market regulator Securities and Exchange Board of India.
For the quarter ended September, Reliance Power reported a consolidated net profit of INR 873.20 million on a consolidated revenue of INR 19.74 billion. Wednesday, shares of the company closed over 0.3% lower at INR 39.93 on the National Stock Exchange. End
Reported by Sunil Raghu
Edited by Vandana Hingorani
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