NSE: RPOWER · 26 October 2026
- Reliance Power Ltd. (RPOWER) traded up 0.55% on Monday, opening at ₹16.32 and moving within a day's range of ₹16.08 to ₹16.67 before settling at ₹16.52.
- Reliance Power disclosed that it received an order of seizure from the Enforcement Directorate under Section 37A(1) of FEMA, relating to foreign currency convertible bonds issued in 2006 and overseas investments made in 2008. The seizure pertains to shares held in its wholly owned subsidiary, Sasan Power Limited, valued at ₹2,026.65 crore, along with bank balances amounting to ₹6.16 crore. The company stated that the shares are already pledged in favor of Power Finance Corporation Limited under security arrangements for over a decade and that it disputes the allegations.
- Trading volume was 0.47 times the 20-day average daily volume.
Why is Reliance Power share price rising on 26 October 2026?
Reliance Power Ltd. (RPOWER) traded up 0.55% on Monday, opening at ₹16.32 and moving within a day's range of ₹16.08 to ₹16.67 before settling at ₹16.52.
The broader market benchmark Nifty edged higher by 0.10%, reflecting a relatively stable broader market environment. Despite the modest positive tick in the stock today, RPOWER has faced significant downward pressure over recent weeks, recording a 5-day return of -11.61% and a 20-day return of -20.08%, bringing its price closer to its 52-week low of ₹15.98.
Company developments continue to be shaped by recent regulatory notices, including an Enforcement Directorate seizure order regarding shares in subsidiary Sasan Power Limited and ongoing legal updates involving group entities. While these disclosures provide backdrop to investor sentiment, today's marginal bounce appears more closely aligned with technical consolidation following steep recent declines rather than a direct reaction to a fresh single operating catalyst.
1.18 crore shares traded by 26 October 2026 · 10:40 AM IST. This compares with a 20-day average daily volume of 2.51 crore shares (0.47 times). The five-day average daily volume was 2.75 crore shares. Separately, the NSE report for 23 October 2026 showed 1.23 crore shares delivered, representing 30.09% of that day’s traded volume. The same report recorded 61,690 trades.
The upward price movement of 0.55% lacks a confirmed same-day fundamental catalyst and coincides with low trading volumes relative to the 20-day average. Given the sharp preceding drops (-11.61% over five days and -20.08% over 20 days), the move appears consistent with a mild technical rebound or routine price stabilization rather than fundamental outperformance.
Latest Company Developments
Reliance Power disclosed that it received an order of seizure from the Enforcement Directorate under Section 37A(1) of FEMA, relating to foreign currency convertible bonds issued in 2006 and overseas investments made in 2008. The seizure pertains to shares held in its wholly owned subsidiary, Sasan Power Limited, valued at ₹2,026.65 crore, along with bank balances amounting to ₹6.16 crore. The company stated that the shares are already pledged in favor of Power Finance Corporation Limited under security arrangements for over a decade and that it disputes the allegations.
Regulatory seizures involving major subsidiary holdings and bank accounts create legal overhang and asset encumbrance concerns, potentially weighing on medium-term investor confidence.
The company submitted its half-yearly statement of debt securities as of September 30, 2026, in compliance with SEBI master circular guidelines. The filing detailed plain vanilla non-convertible debentures amounting to ₹250.00 crore issued under ISIN INE614G07089 with a coupon rate of 8.00% maturing on June 30, 2035.
Provides regular transparency regarding the company's long-term debt structure, coupon obligations, and maturity profiles for debenture holders.
Reliance Power informed the exchanges that it learned from a Central Bureau of Investigation press release that the company has been named as one of the accused in a second chargesheet filed in the matter of Reliance Home Finance Limited. The company indicated it will take all appropriate legal steps to safeguard its interests and those of its stakeholders.
Being named in an ongoing investigative chargesheet introduces legal uncertainties and governance scrutiny that can heavily influence market sentiment.
Reliance Power Limited has submitted to the Exchange, the financial results for the quarter ended Jun 30, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 0.54% on 30 September 2026. This compares with 0.64% on 30 June 2026, a change of -0.10 percentage points.
The filing reported 53 MF/UTI holders.
What to Watch Next
- Developments regarding the ED seizure order concerning Sasan Power Limited shares and associated legal responses.
- Progress on the CBI chargesheet proceedings involving group entities and their potential corporate implications.
- Cash market delivery participation trends, given that delivery quantity stood at 1.23 crore shares (30.09% of traded volume) in the preceding cash report.
- Operational performance updates and quarterly financial results announcements from management.
More Reliance Power news and dated analysis →
Frequently Asked Questions
What is the latest Reliance Power company news?
Reliance Power disclosed that it received an order of seizure from the Enforcement Directorate under Section 37A(1) of FEMA, relating to foreign currency convertible bonds issued in 2006 and overseas investments made in 2008. The seizure pertains to shares held in its wholly owned subsidiary, Sasan Power Limited, valued at ₹2,026.65 crore, along with bank balances amounting to ₹6.16 crore. The company stated that the shares are already pledged in favor of Power Finance Corporation Limited under security arrangements for over a decade and that it disputes the allegations.
How strong was Reliance Power’s trading volume?
1.18 crore shares traded, 0.47 times the 20-day average daily volume. The price and volume data are dated 26 October 2026 · 10:40 AM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.