Reliance Infrastructure
ED Seizes Rs 55 Crore From Reliance Infrastructure In Foreign Exchange Violation Investigation
Dec 10, 2025 09:56 pm CST
The Enforcement Directorate has seized assets worth Rs 54.82 crore, including 13 bank accounts belonging to Reliance Infrastructure Limited under FEMA provisions. The company allegedly diverted funds from NHAI road construction projects through shell companies to overseas accounts in the UAE, disguised as diamond imports without actual deliveries, involving hawala transactions exceeding Rs 600 crore.
Enforcement Directorate Issues Fresh Summons to Anil Ambani in FEMA Investigation Linked to Highway Project
Nov 14, 2025 08:03 pm CST
The Enforcement Directorate has issued a fresh summons to Reliance Group chairman Anil Ambani to appear on November 17 in connection with a FEMA case related to the Jaipur-Reengus highway project. The investigation follows allegations that Rs 40 crore was siphoned from the project through shell companies, potentially connecting to a larger international hawala network exceeding Rs 600 crore.
Anil Ambani's Reliance Group Confirms Business Operations Unaffected by ED's Rs 7,500 Crore Property Attachment
Nov 05, 2025 03:02 am CST
Reliance Group has clarified that ED's attachment of Rs 7,500 crore worth of properties has no impact on its listed companies' operations. Most attached assets belong to Reliance Communications, which has been under insolvency proceedings for six years and is no longer part of the group. Both Reliance Infrastructure and Reliance Power remain debt-free with substantial assets and continue normal business operations despite the ongoing investigation.
ED Conducts FEMA Raids at Reliance Infrastructure Locations Over Alleged Illegal Foreign Remittances
Oct 01, 2025 12:52 am CST
The Enforcement Directorate has conducted searches at six locations linked to Anil Ambani's Reliance Infrastructure in Maharashtra and Madhya Pradesh as part of a FEMA investigation into alleged illegal foreign remittances. The company claims the matter dates back 15 years and involves a domestic highway contract with no foreign exchange component, while asserting the raids have not impacted business operations or stakeholders.