Reliance Power Stock Falls After CFO Arrest

  Published 9 months ago

Reliance Power shares drop 5.1% to ₹46.24 after CFO Ashok Pal’s arrest and resignation today.

  • Stock fell 5.1% reaching ₹46.24, reflecting market reaction to leadership turmoil at the company level.
  • CFO Ashok Pal was arrested on October 10, as disclosed in the company's official letter.
  • Pal resigned on October 11, leading to uncertainty, but YTD performance remains positive, up 8.19%.

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