Reliance Power shares fall over 4% after ED files chargesheet in fake bank guarantee case
The Economic Times·2025-12-08 05:03

The latest disclosures added to pressure on a stock that has already been on a steady decline this year, even as the group reiterated that it was a “victim of fraud, forgery and cheating conspiracy”.The chargesheet, filed before a Patiala House court on Friday, names former chief financial officer Ashok Kumar Pal, According to the ED, the matter concerns a Rs 68.2 crore bank guarantee submitted to the "ED allegations have not yet passed through judicial scrutiny and the Company has not been held guilty of ...