Reliance Power Completes Voluntary Winding Up of Bangladesh Subsidiary
Reliance Power Limited has completed the cessation of its Bangladesh subsidiary, Reliance Chittagong Power Company Limited. The subsidiary's winding up occurred on March 04, 2026. It contributed nil to the company's revenue and ₹35 lakhs to its net worth in FY25.
The subsidiary had no revenue contribution and a minimal net worth contribution, thus the cessation is unlikely to have a significant impact on Reliance Power's overall financial performance.
The announcement pertains to the winding up of a subsidiary which had no revenue contribution. While it's a corporate action, the financial impact is negligible, leading to a neutral sentiment.
Reliance Power Limited has announced the cessation of Reliance Chittagong Power Company Limited, Bangladesh, as a wholly-owned subsidiary. This follows the voluntary winding up of the Bangladesh entity on March 04, 2026, as intimated to Reliance Power on March 05, 2026.
The subsidiary contributed nil to the consolidated revenue for the financial year ended March 31, 2025. Its net worth contribution was ₹35 lakhs. The agreement for sale was not applicable as the cessation is due to voluntary winding up. The company confirmed that the transaction does not fall within related party transactions and is not outside any Scheme of Arrangement.
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Reliance Power Limited filed this with the NSE as a statutory disclosure, categorised under other corporate actions. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Reliance Power Limited. Read the original for the full detail.