Former Managing Director and Chairman of the Reliance Group of Corporations, Anil Ambani-owned listed companies Reliance Energy and Reliance Infrastructure, on Sunday, 27 July 2025, knowledgeable the inventory exchanges that the motion by the Enforcement Directorate (ED) has now concluded.
“The motion by ED has concluded in any respect places. The corporate and all its officers have absolutely cooperated and can proceed to cooperate with the authority,” the corporate knowledgeable the NSE via the submitting.
In an identical official assertion, each corporations mentioned that latest developments associated to the matter have had no affect on their enterprise operations and efficiency.
Each corporations additionally said that they don’t have any enterprise or monetary linkage to Reliance Communications (RCOM) and Reliance Residence Finance Restricted (RHFL). In addition they mentioned that Reliance Energy and Infra are each separate and impartial listed entities.
The businesses additionally disclosed that as of 27 July 2025, Anil Dhirubhai Ambani is just not on the board of administrators panel for each the listed corporations, therefore he doesn’t have any governance, administration or operational energy.
ED Raids
The Enforcement Directorate carried out search operations at greater than 35 premises throughout Mumbai and Delhi on Thursday, 24 July 2025, as a part of the company’s cash laundering investigation underneath the Prevention of Cash Laundering Act (PMLA) into the Reliance Group of Corporations.
A number of media stories urged that ED carried out the raids on Thursday in reference to an alleged ₹3,000-crore financial institution mortgage fraud involving Anil Ambani-owned Reliance Group of Corporations and Sure Financial institution.
Shares of Reliance Energy closed 4.99% decrease at ₹56.72 after Friday’s inventory market shut, in comparison with ₹59.70 on the earlier market session. Reliance Infrastructure inventory additionally closed 5% decrease at ₹342.05, in comparison with ₹360.05 within the earlier market session.
Learn Full Assertion Right here
Reliance Energy’s full assertion: The motion by ED has concluded in any respect places. The Firm and all its officers have absolutely cooperated and can proceed to cooperate with the authority.
Motion by ED has no affect on the enterprise operations, monetary efficiency, shareholders, staff, or every other stakeholders of the Firm.
The identical seems to pertain to allegations regarding transactions of Reliance Communications Restricted (RCOM) or Reliance Residence Finance Restricted (RHFL) that are over 10 years previous.
Reliance Energy is a separate and impartial listed entity with no enterprise or monetary linkage to RCOM or RHFL.
RCOM is present process Company Insolvency Decision Course of as per the Insolvency and Chapter Code, 2016 since over 6 years.
RHFL has been absolutely resolved pursuant to the judgment of the Hon’ble Supreme Courtroom of India. Comparable allegations as these set out within the media stories are sub-judice and pending earlier than the Hon’ble Securities Appellate Tribunal, as per publicly obtainable data.
Mr. Anil D. Ambani is just not on the Board of Reliance Energy. Accordingly, any motion taken towards RCOM or RHFL has no bearing or affect on the governance, administration, or operations of Reliance Energy.
The Firm continues to function within the regular course and the mentioned motion has no affect on its enterprise operations. The Firm continues to give attention to its enterprise plans and stays dedicated to creating worth for all stakeholders.
Reliance Infrastructure’s full assertion: The motion by ED has concluded in any respect places. The Firm and all its officers have absolutely cooperated and can proceed to cooperate with the authority.
Motion by ED has no affect on the enterprise operations, monetary efficiency, shareholders, staff, or every other stakeholders of the Firm.
The identical seems to pertain to allegations regarding transactions of Reliance Communications Restricted (RCOM) or Reliance Residence Finance Restricted (RHFL) that are over 10 years previous.
Reliance Infrastructure is a separate and impartial listed entity with no enterprise or monetary linkage to RCOM or RHFL. RCOM is present process Company Insolvency Decision Course of as per the Insolvency and Chapter Code, 2016 since over 6 years.
RHFL has been absolutely resolved pursuant to the judgment of the Hon’ble Supreme Courtroom of India. Comparable allegations as these set out within the media stories are sub-judice and pending earlier than the Hon’ble Securities Appellate Tribunal, as per publicly obtainable data.
Mr. Anil D. Ambani is just not on the Board of Reliance Infrastructure. Accordingly, any motion taken towards RCOM or RHFL has no bearing or affect on the governance, administration, or operations of Reliance Infrastructure.
The Firm continues to function within the regular course and the mentioned motion has no affect on its enterprise operations. The Firm continues to give attention to its enterprise plans and stays dedicated to creating worth for all stakeholders.
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