Reliance Power backs reclassification of Reliance Capital to public category

Reliance Power Limited announced on October 10, 2025, its support for the reclassification of Reliance Capital Limited to the public category. This follows an application made under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The reclassification is a direct consequence of IndusInd International Holdings Limited implementing a resolution plan under the Insolvency and Bankruptcy Code, 2016.

The board of directors of Reliance Power Limited convened on the same day and confirmed that the application aligns with all regulatory provisions. Consequently, the company will proceed with the necessary steps to facilitate the reclassification. Applications seeking no objection have been filed with both the BSE and NSE.

This development signifies a key procedural step in the ongoing restructuring efforts related to Reliance Capital Limited. The company's compliance with regulatory frameworks ensures transparency and adherence to established market guidelines.