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Reliance Power Announces Amendments and Leadership Appointments

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Reliance Power Announces Amendments and Leadership Appointments

Reliance Power Limited ( (IN:RPOWER) ) has provided an update.

Reliance Power Limited has announced a postal ballot to amend its Articles of Association to remove certain special rights for promoters, pending member approval. Additionally, the company has proposed appointing Dr. Thomas Mathew as an Independent Director for a five-year term and Shri Neeraj Parakh as Executive Director and CEO for three years, reflecting strategic changes in its leadership structure.

More about Reliance Power Limited

Reliance Power Limited operates in the energy sector, focusing on power generation and distribution. It provides electricity to industrial and residential markets, playing a significant role in the Indian energy landscape.

YTD Price Performance: -14.53%

Average Trading Volume: 3,182,887

Current Market Cap: 153.4B INR

See more insights into RPOWER stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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