Trouble for Anil Ambani: BSR resigns as RPower, RInfra’s statutory auditor

The Anil Ambani group is under fresh stress, as auditors of two of its companies — Reliance Power (RPower) and Reliance Infrastructure (RInfra) — have resigned. With this, auditors of four of the Reliance Group companies have quit in the past three months.

RInfra informed the stock exchanges on Friday that BSR & Co had resigned as the company’s auditor. “BSR & Co LLP (BSR) vide its letter dated August 9, 2019, has resigned as one of the statutory auditors of the company,” it said. In a similar statement, RPower informed the exchanges about BSR & Co resigning as its auditor with effect from August 9.

In its resignation letter to the two companies, BSR cited concerns raised in the FY19 audit reports as the reason for quitting.