Shares of Reliance Power Ltd and Reliance Infrastructure Ltd are in focus on Tuesday after the two companies clarified on SEBI show cause notices over alleged violation of SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003 read with SEBI Act, 1992.

In a filing to BSE, Reliance Power said it received a show cause notice from SEBI in relation to Reliance Infrastructure Limited’s exposure in CLE Private Limited, for alleged violations, saying it has nil exposure to CLE Private Limited. The company, Reliance Power said, shall take appropriate steps in the matter, as legally advised. Advertisement

Reliance Infrastructure in another filing said it had earlier disclosed on February 9, 2025, that the dispute in relation to the company’s exposure with CLE Private Limi

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