
Reliance Group has officially distanced itself from Reliance Communications after the Enforcement Directorate attached assets worth ₹1,400 crore linked to Anil Ambani and associated companies under an ongoing money laundering probe, as per the news reports.
As per PTI, on November 20, 2025, the Enforcement Directorate (ED) attached fresh assets worth over ₹1,400 crore in a money laundering case involving Anil Ambani and affiliated firms. This latest action brings the total value of attached assets to approximately ₹9,000 crore.
In its clarification, the Reliance Group stated that these assets are owned by Reliance Communications, which has not been part of the Group since 2019.
As per the news reports, a spokesperson from Reliance Group emphasised that Reliance Communications has been undergoing the Corporate Insolvency Resolution Process (CIRP) for over 6 years.
It is now managed independently by a Resolution Professional under the supervision of the National Company Law Tribunal (NCLT) and its Committee of Creditors (CoC), led by the State Bank of India and a lenders' consortium.
The Group added that Anil Ambani has stepped away from Reliance Infrastructure and Reliance Power, not having served on their boards for more than 3 and a half years. This further underscores the company's claim that it is not connected to the actions or management of Reliance Communications.
Read More: Anil Ambani’s Reliance Group Stocks in Focus as ED Attaches More Assets!
The spokesperson confirmed that the ED's actions would not materially impact the functioning or future of Reliance Infrastructure or Reliance Power. Both companies continue to run operations as usual, focusing on growth and stakeholder commitments. These firms are not involved in or affected by the insolvency proceedings of Reliance Communications.
The latest statement from Reliance Group reiterates its dissociation from Reliance Communications and Anil Ambani's ongoing legal issues. Despite the ED's attachment of significant assets, the operations of Reliance Infrastructure and Reliance Power remain unaffected, as confirmed by the company.
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Published on: Nov 21, 2025, 1:42 PM IST

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