Legal4 Aug 2026, 07:30 pm
Reliance Infra Assets Provisionally Attached for ₹179.66 Cr
AI Summary
Reliance Infrastructure Ltd has disclosed a provisional attachment order from the Enforcement Directorate (ED) concerning certain company assets, including its shareholding in Reliance Power Limited. The attachment is for an aggregate amount of ₹179.66 crore and is related to alleged violations of the Prevention of Money Laundering Act (PMLA). The company has stated it will take all appropriate legal steps to safeguard its interests and those of its stakeholders.
Key Highlights
- Reliance Infrastructure's assets, including Reliance Power shares, are provisionally attached.
- The attachment is valued at ₹179.66 crore.
- The ED cited alleged violations of PMLA.
- The company will pursue legal recourse to protect stakeholder interests.
Price Impact
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