Reliance Power Limited — Others, 21-02-2025: Shareholders meeting

Reliance Power Limited has announced a board meeting to discuss several important resolutions, including the appointment of Dr. Thomas Mathew as an Independent Director and Shri Neeraj Parakh as an Executive Director. The proposed amendments to the Articles of Association aim to remove certain special rights previously held by the Promoter. Shareholders will vote via postal ballot from February 22 to March 23, 2025, with results expected by March 25. The updates may signal a shift in governance structure, potentially instilling greater confidence among investors, alongside positive sentiments for future operations given the new leadership roles.