Reliance Infrastructure Limited has issued a media statement clarifying the departure of two former executives, Amitabh Jhunjhunwala and Amit Bapna, from the Reliance Group. The statement addresses media queries regarding their association with the company.
Amitabh Jhunjhunwala left the Reliance Group in September 2019, nearly seven years ago, and has had no association with the group since, including with Reliance Infrastructure Limited and Reliance Power Limited. During his tenure, he held the position of Group Managing Director of the Reliance Group and served as Vice Chairman and Director of Reliance Capital Limited.
Similarly, Amit Bapna departed from the Reliance Group in December 2019, also nearly seven years ago, and has not been associated with the group thereafter. During his time with the group, he served as the Chief Financial Officer of Reliance Capital Limited and was a Director of Reliance Home Finance Limited.
Reliance Infrastructure Limited, along with Reliance Power Limited, is part of the Reliance Group, which boasts a combined investor base of approximately 50 lakh shareholders and serves millions of customers. Reliance Infrastructure is one of the largest infrastructure companies in India, with projects in high-growth sectors such as Power, Roads, Metro Rail, and Defence. The company is a significant player in providing Engineering and Construction services for developing power, infrastructure, metro, and road projects.
Reliance Power Limited is a leading power generation company in India, with a total installed capacity of 5,305 MW. This includes the Sasan Ultra Mega Power Project in Madhya Pradesh, which is the largest integrated thermal power plant in the world.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).