Reliance Infrastructure Assets Attached by ED
The Enforcement Directorate (ED) has provisionally attached assets worth over ₹3,000 crore linked to Anil Ambani, according to an official statement from Reliance Infrastructure Limited.
Key Takeaways:
- ED attaches Reliance Infrastructure assets valued at ₹3,000+ crore under PMLA
- Company confirms no operational impact on business, shareholders, or employees
- Anil Ambani has not been on the company’s board for over 3.5 years
Reliance Infrastructure (NSE: RELINFRA) stated that the ED action “has no impact on the business operations, shareholders, employees or any other stakeholders of Reliance Infrastructure Limited.”
The company emphasized its separation from Anil Ambani, stating: “Anil D. Ambani is not on the Board of Reliance Infrastructure Limited for more than 3.5 years.”
The asset attachment occurred on Monday, November 3, with the company maintaining that the development won’t affect its ongoing operations.
