Legal21 Apr 2026, 10:51 pm
Reliance Infra: ₹670.48 Cr Provisional Asset Attachment Confirmed
AI Summary
Reliance Infrastructure Ltd. has received an order dated April 20, 2026, from the Adjudicating Authority, PMLA, confirming the provisional attachment of certain company assets. The attached assets amount to ₹670.48 crore and relate to alleged violations of the Prevention of Money Laundering Act (PMLA) during the period from 2017 to 2019. The company intends to file an appeal to challenge this attachment. Despite the order, Reliance Infrastructure has stated that there will be no impact on its ongoing business operations. This disclosure is in compliance with SEBI regulations.
Key Highlights
- PMLA Adjudicating Authority confirmed provisional attachment of ₹670.48 crore assets.
- Attachment pertains to alleged PMLA violations from 2017 to 2019.
- Reliance Infrastructure plans to appeal the attachment order.
- Company asserts no impact on its business operations.