Shares of Reliance Power and Reliance Infrastructure were in focus on Thursday after the Securities and Exchange Board of India (SEBI) issued a show-cause notice to the companies and certain promoters. The notice pertains to alleged violations of securities market regulations, prompting investors to track developments closely.
Market sources indicated that the regulator’s inquiry may relate to disclosure practices and fund transactions between group entities. Both Reliance Power and Reliance Infrastructure are part of the Anil Ambani-led Reliance ADA Group, which has been working on debt restructuring and business revival over the past few years.
Following the SEBI notice, both stocks saw increased volatility in early trade, as investors assessed the potential implications of regulatory scrutiny. Analysts, however, noted that such proceedings are part of due regulatory processes and advised investors to await further clarity from the companies and the regulator.
Reliance Power and Reliance Infrastructure have not yet issued formal statements regarding the show-cause notice. Market observers believe that updates from SEBI or the companies could influence near-term price movement. Despite short-term uncertainty, the group’s ongoing efforts toward asset monetization and operational restructuring remain key to investor sentiment.
