ED Raids on Reliance Power and Reliance Infra Conclude; No Business Impact, Say Companies

On Sunday, July 27, 2025, Reliance Power and Reliance Infrastructure announced that the Enforcement Directorate (ED) had concluded its search operations at all locations. The raids were part of an investigation into alleged financial irregularities linked to the broader Reliance Group.

No Impact on Business, Say Companies

Both companies clarified that the ED action has had no effect on their:

• Business operations
• Financial performance
• Employees or stakeholders

They also confirmed that they fully cooperated with the authorities and will continue to do so.

No Links to RCOM or RHFL

Reliance Power and Reliance Infrastructure clearly stated that:

• They have no business or financial connection with Reliance Communications (RCOM) or Reliance Home Finance Ltd (RHFL).
• Allegations mentioned in the media are over 10 years old and relate to RCOM and RHFL, not to the two listed firms.
• RCOM has been under insolvency proceedings for over 6 years, while RHFL has already been resolved following a Supreme Court verdict.
• Similar issues are still pending before the Securities Appellate Tribunal (SAT).

Anil Ambani Not on Company Boards

The companies emphasised that Anil Dhirubhai Ambani is no longer on the board of either Reliance Power or Reliance Infra. Therefore, any actions related to RCOM or RHFL do not impact their management, operations, or governance.

Also Read: Bank Nifty Trades Flat on July 28; ICICI, HDFC Gain While Kotak Bank Dips

Reliance Power and Reliance Infra Share Price Reaction

As of July 28, 2025, Reliance Power share price (RPOWER) is trading at ₹55.20, down 2.78% for the day. The stock opened at ₹55.00 and moved between a high of ₹56.74 and a low of ₹54.01 during the session. 

As of July 28, 2025, Reliance Infrastructure share price (NSE: RELINFRA) is trading at ₹338.45, down 0.99% for the day. The stock opened at ₹336.00 and recorded a high of ₹354.00 and a low of ₹328.00 during the session. 

Conclusion

The ED’s investigation has wrapped up with no financial or operational harm to Reliance Power or Reliance Infrastructure. Both companies stressed their independence from other Reliance entities under scrutiny and reaffirmed their commitment to business continuity and stakeholder value.

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