Reliance Power Shares Slide Nearly 8 Percent as Senior Management Exit Disclosed

Mumbai, January 16, 2026: Reliance Power Limited (BSE: 532939 | NSE: RPOWER) opened sharply lower on Thursday, with the stock sliding nearly 8 percent in pre-open trade, as investors reacted to a senior management change disclosed by the company earlier this week.
At the pre-open stage, Reliance Power shares were indicated at ₹30.57, down ₹2.64 or 7.95 percent, compared with the previous close of ₹33.21. The indicative quantity stood at 1.47 lakh shares, reflecting heightened early selling pressure.

Market Snapshot (Pre-Open)​

The stock touched its 52-week low of ₹30.57 at the open, underscoring the sharp reversal after a period of high volatility. The exchange data also shows that the high-low price variation over the past six months has exceeded 100 percent, indicating elevated risk perception among investors.

Key Corporate Development​

Reliance Power informed the exchanges that Shri Manoj Pongde has ceased to be part of the company’s senior management.

Senior Management Change Details​

The disclosure clarifies that the cessation is effective from January 14, 2026, and no additional profile or succession details were provided in the filing .

Financial Position Snapshot​

As per exchange data, Reliance Power continues to report weak profitability metrics on a standalone basis, while consolidated numbers remain positive.
The company remains part of the BSE 500 index and operates in the power generation segment.

About the Company​

Reliance Power Limited is a listed power generation company with interests spanning thermal and renewable energy projects. The company is part of the Reliance Group and is listed on both BSE and NSE.

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