Reliance Power Limited has issued a clarification regarding the arrest of Mr. Amar Nath Dutta. The company states that Mr. Dutta has no connection to Reliance Power and that his arrest will not impact the company’s business operations or financial performance. Reliance Power also clarified that media reports incorrectly reference Shri Anil D. Ambani, who is not currently on the Board.
Clarification on Arrest
Reliance Power Limited has addressed recent press reports concerning the arrest of Mr. Amar Nath Dutta, which occurred on November 7, 2025. The company clarifies that this event is related to a matter of a fake bank guarantee.
Company Statement
Reliance Power Limited asserts that Mr. Amar Nath Dutta has no association with the company. The company also affirms that this situation will not affect its business operations, financial performance, shareholders, employees, or any other stakeholders.
Subsidiary and Media Clarification
The Company also reiterated that its subsidiary, Reliance NU BESS Limited, and its employees acted lawfully and are victims of fraud. Furthermore, the company clarified that media reports incorrectly cited Shri Anil D. Ambani, who has not been on the Board of Reliance Power Limited for more than 3.5 years.
Source: BSE
