Reliance Power controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2008
Controversy surrounding the initial public offering
Complaints about the formulation and structure of Reliance Power’s IPO led to regulatory restrictions and public-interest litigation. The Supreme Court nevertheless allowed the offering to proceed even if an Indian court later issued an order concerning the venture. The episode was controversial because of the offering’s scale, valuation debate and subsequent share-price decline.