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Chargesheet filed against Reliance Power for alleged fraud

after close1 source ↓written by the desknot a recommendation

in this ongoing
₹5.15 cr

The Enforcement Directorate has filed a chargesheet against Reliance Power Ltd. for money laundering involving a fraudulent bank guarantee of ₹68 cr. Key figures, including former CFO Ashok Kumar Pal, are implicated in using counterfeit documents to secure a tender from the Solar Energy Corporation of India Limited.

The ED has made multiple arrests and attached assets worth ₹5.15 cr in this ongoing investigation, raising concerns about the company's integrity and potential market impact.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 6 Dec 2025, 16:08 IST.

Sourcesnews.google.com

The market after the news

RELIANCE closed +0.2% on the day of the news, from ₹1,540.60 to ₹1,543.00; Nifty −0.9% over the same session; futures OI −0.5%.

Bulletin at 16:08 IST on 6 Dec 2025. Every change is measured from ₹1,540.60, the last close before it, on 5 Dec. Nifty 50 is measured over the same sessions.

  • RELIANCE close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
RELIANCE closes around the bulletin against the close before the news, with Nifty 50 rebased to it143315411648axis spans 15%before the news · 5 Dec1541Nifty 50RELIANCEbulletinD0+1+3+51 Dec11 Dec22 DecFutures open interest, lotspeak 2.2 LReference close ₹1,540.60. 16 sessions from 1 Dec to 22 Dec; the price axis spans 15 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before5 Dec₹1,540.60basebase
On the day8 Dec₹1,543.00▲ +0.2%▼ −0.9%+1.0 pp difference
+1 session9 Dec₹1,529.40▼ −0.7%▼ −1.3%+0.6 pp difference
+3 sessions11 Dec₹1,545.00▲ +0.3%▼ −1.1%+1.4 pp difference
+5 sessions15 Dec₹1,556.20▲ +1.0%▼ −0.6%+1.6 pp difference
Gap at the open, % · ₹
▼ −0.1%−1.39 on 8 Dec
Day's range, % · ₹
1.0%≈ 16 high to low
Volume on the day
1.09×the 20-session average
Futures OI on the day
▼ −0.5%−1,000 lots · short covering · price +0.2%
Futures OI open, lots
2.1 L8 Dec · 30 Dec expiry
Futures premium, ₹
+3.80+0.3% to spot
Puts per call, by OI
0.56from 0.55 the session before
Max pain
1,540from 1,540 the session before

Source NSE UDiFF bhavcopy · RELIANCE on the desk →

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