Reliance Power Ltd. announces a leadership change

The resignation itself does not reduce Reliance Power’s number of Independent Directors, because Shri Sachin Mohapatra was a Non-Executive, Non-Independent Director. However, the current filing does not provide the full post-resignation Board roster or the number of Independent Directors, so compliance with the SEBI (LODR) minimum cannot be conclusively certified from this disclosure alone.

• Board change: Shri Sachin Mohapatra, DIN 07791421, resigned with immediate effect on 25 September 2026 for personal family reasons. His designation was Non-Executive and Non-Independent Director. ^[1]
• Current composition: Following the resignation, the Board comprises the directors who remained in office after 25 September 2026, excluding Shri Mohapatra. The cited disclosure does not list their names, total Board strength, or the Independent/Non-Independent split. ^[1]
• LODR compliance: Since the departing director was not independent, his exit did not directly reduce the Independent Director count. Therefore, the resignation alone does not indicate a breach. But a definitive compliance conclusion requires the post-resignation Board strength, the number of Independent Directors, and the applicable chairperson classification; those details are not included in the cited announcement.

Conclusion: The company’s Independent Director position is not shown to have become non-compliant because of this resignation, but current compliance remains unverified rather than conclusively established on the available disclosure.

No. The latest cited board-composition disclosure, updated 21 May 2026, lists Shri Sachin Mohapatra as a Non-Executive Director but does not identify any promoter-group entity, nominee capacity, or strategic interest that he represented. ^[2]

The AGM notice provides only an operating affiliation: he was Whole-Time Director and CEO of Sasan Power Limited, a subsidiary of Reliance Power, and Sasan Power was listed as his other directorship. It does not state that his Reliance Power board seat represented Sasan Power or a specific promoter-group interest. ^[3]

No successor intimation has been identified. The 25 September 2026 Regulation 30 disclosure records his resignation, effective the same day, citing personal family reasons, but does not announce a replacement director or any appointment intended to preserve a particular promoter or strategic-interest representation. ^{[1] [4]}

The earlier AGM proposal was for Mohapatra himself to be reappointed by rotation; it was not a succession filing. ^[3] Accordingly, the public disclosures establish his subsidiary-level association with Sasan Power, but not a formally designated promoter-representation seat or a successor to that seat.

The filing confirms only Shri Sachin Mohapatra’s resignation from Reliance Power; it does not indicate a group-wide change across ADAG entities. It also does not enumerate any other ADAG directorships or key managerial positions.

• Confirmed position: Non-Executive and Non-Independent Director of Reliance Power Limited, DIN 07791421. His cessation was effective September 25, 2026. ^[1]
• Stated reason: Personal family reasons; he expressly stated that there were no other material reasons for the resignation. ^[1]
• Other ADAG roles: The resignation letter and Regulation 30 disclosure do not list any other directorships, board positions, or key managerial roles held by him elsewhere in the Reliance ADAG group. The relevant Annual Report director/KMP roster is not included in the cited disclosures, so no additional position can be stated reliably.
• Scope of the change: The filing is entity-specific—it refers to resignation from the Board of Reliance Power Limited only. It contains no statement of resignation from Reliance Infrastructure, Reliance Communications, or any other group entity, and no indication of a wider group reorganisation. ^[1]

Interpretation: The evidence supports a Reliance Power-only departure as disclosed, but this should not be read as proof that he has no continuing role elsewhere in ADAG; the filing simply does not address those positions.