Reliance Group Clarifies Former Executives No Longer Associated

21 Apr 2026 CW Team

The statement said Amitabh Jhunjhunwala left the Reliance Group in September 2019, nearly seven years ago, and had no association with the Group thereafter. During his tenure he served as Group Managing Director of the Reliance Group and as Vice Chairman and Director of Reliance Capital Limited. The company indicated these details to make the historical record clear.

It added that Amit Bapna left the Reliance Group in December 2019, nearly seven years ago, and likewise had no subsequent association with the Group, including Reliance Infrastructure Limited and Reliance Power. He had served as Chief Financial Officer of Reliance Capital Limited and as a Director of Reliance Home Finance Limited. The company said the clarification addressed media enquiries about former personnel.

The media statement described the Reliance Group's scale, stating that Reliance Infrastructure Limited and Reliance Power together have a combined investor base of five mn shareholders and serve millions of customers and consumers. Reliance Infrastructure was described as a large infrastructure company operating through various special purpose vehicles in sectors such as power, roads, metro rail and defence. The company highlighted its presence across high growth sectors.

Reliance Infrastructure was identified as a major provider of engineering and construction services for power, infrastructure, metro and road projects. Reliance Power was presented as one of India's leading power generation companies with a total installed capacity of 5,305 megawatts (MW), including around 4,000 MW at the Sasan Ultra Mega Power Project in Madhya Pradesh, which the company characterised as the largest integrated thermal power plant in the world.

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On April 16, 2026, Reliance Power Limited (Reliance Power) filed a disclosure under Regulation 30 of the Listing Regulations and issued a media statement clarifying past associations of two former executives with the Reliance Group. The company stated the individuals left the Group in 2019 and had no subsequent association with Reliance Infrastructure Limited or Reliance Power. The disclosure was provided to stock exchanges in response to media queries. The statement said Amitabh Jhunjhunwala left the Reliance Group in September 2019, nearly seven years ago, and had no association with the Group thereafter. During his tenure he served as Group Managing Director of the Reliance Group and as Vice Chairman and Director of Reliance Capital Limited. The company indicated these details to make the historical record clear. It added that Amit Bapna left the Reliance Group in December 2019, nearly seven years ago, and likewise had no subsequent association with the Group, including Reliance Infrastructure Limited and Reliance Power. He had served as Chief Financial Officer of Reliance Capital Limited and as a Director of Reliance Home Finance Limited. The company said the clarification addressed media enquiries about former personnel. The media statement described the Reliance Group's scale, stating that Reliance Infrastructure Limited and Reliance Power together have a combined investor base of five mn shareholders and serve millions of customers and consumers. Reliance Infrastructure was described as a large infrastructure company operating through various special purpose vehicles in sectors such as power, roads, metro rail and defence. The company highlighted its presence across high growth sectors. Reliance Infrastructure was identified as a major provider of engineering and construction services for power, infrastructure, metro and road projects. Reliance Power was presented as one of India's leading power generation companies with a total installed capacity of 5,305 megawatts (MW), including around 4,000 MW at the Sasan Ultra Mega Power Project in Madhya Pradesh, which the company characterised as the largest integrated thermal power plant in the world.

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