Overview

• Both companies disclosed receipt of SEBI notices citing the PFUTP Regulations, 2003 and the SEBI Act, 1992 in filings late Monday.
• Reliance Power said it has zero exposure to CLE Private Limited and will respond as legally advised.
• Reliance Infrastructure said the CLE matter has been fully implemented under the Mediation Act, 2023 with consent terms submitted to the Bombay High Court.
• Earlier disclosures detailed a full-and-final settlement of Rs 6,503.13 crore, including Rs 5,777.13 crore in assets/economic interests assigned or transferred and Rs 726 crore converted into a secured loan.
• Shares closed lower on Monday, with Reliance Infrastructure down about 2.4% and Reliance Power down about 2.2%, as the group also faces separate ED scrutiny tied to alleged loan diversion reported in July.