Reliance Infrastructure Limited has issued a formal media statement to clarify the professional status of two former executives. The company confirmed that both Mr. Amitabh Jhunjhunwala and Mr. Amit Bapna severed all associations with the Reliance Group nearly seven years ago, in September 2019 and December 2019, respectively. The group emphasized that these individuals have had no involvement or affiliation with the company or its subsidiaries since their departures.
Clarifying Executive Departures
In response to recent media inquiries, Reliance Infrastructure Limited has released an official update regarding the tenure and separation dates of its former leadership team. The group confirms that Mr. Amitabh Jhunjhunwala, who previously served as the Group Managing Director and as Vice Chairman of Reliance Capital Limited, left the organization in September 2019. Similarly, Mr. Amit Bapna, the former Chief Financial Officer of Reliance Capital Limited and Director of Reliance Home Finance, departed in December 2019.
No Ongoing Affiliation
The company stated clearly that following their respective resignations nearly seven years ago, neither individual has maintained any association with the Reliance Group. This disclaimer extends to all entities within the group, including Reliance Infrastructure Limited and Reliance Power Limited.
About the Group
The Reliance Group continues to maintain a significant presence in India’s infrastructure and power sectors, supporting a combined investor base of approximately 50 lakh shareholders. Reliance Infrastructure Limited remains a key player in high-growth areas such as Power, Roads, Metro Rail, and the Defence sector. Complementing these efforts, Reliance Power Limited operates as one of the country’s leading power generators, boasting an installed capacity of 5,305 MW, highlighted by the 4,000 MW Sasan Ultra Mega Power Project—the world’s largest integrated thermal power plant.
Source: BSE