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Reliance Group Stocks in Focus After Anil Ambani Gets Summoned Again by the ED

Written by: Aayushi ChaubeyUpdated on: 19 Nov 2025, 5:06 pm IST
Reliance Group stocks are back in focus after Anil Ambani is summoned again by the ED for a FEMA inquiry linked to past financial transactions.
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Reliance Group stocks were in the spotlight after chairman Anil Ambani was summoned once again by the Enforcement Directorate (ED) for questioning. The agency has called him to record his statement in an ongoing inquiry under the Foreign Exchange Management Act (FEMA). This development has drawn investor attention, especially towards companies under the broader Reliance ADA Group umbrella.

Why the ED Has Summoned Anil Ambani Again

The ED first summoned Anil Ambani on 14 November 2025, and again on 17 November. His spokesperson has said that the summons is limited to recording his statement, and he remains willing to cooperate at any date and time the agency chooses, including through a virtual session.

Background of the FEMA Inquiry

This inquiry relates to the Jaipur–Reengus highway project executed by Reliance Infrastructure Ltd. The ED has said that funds from this project were allegedly diverted through shell companies based in Surat, eventually moving to Dubai. The agency believes the total flow may connect to a wider international financial network worth over ₹600 crore.

Recently, the ED also attached properties worth ₹7,500 crore linked to Anil Ambani and his companies under the Prevention of Money Laundering Act. These actions have intensified scrutiny of the Reliance Group.

What Has Reliance Infrastructure Stated?

According to the company, the Jaipur–Reengus project was a domestic EPC contract awarded over a decade ago. It involved construction work and had no foreign exchange component.

Mr Ambani’s spokesperson has also clarified that he worked only as a non-executive director at Reliance Infrastructure from 2007 to 2022 and was not involved in operational decisions.

Impact on Reliance Group Stocks

News of fresh summons typically creates short-term volatility, especially in stocks associated with regulatory investigations. Investors with a Demat account are closely tracking updates because the outcome may influence sentiment around companies linked to the Reliance ADA Group.

While the inquiry does not directly impact operations of listed companies, uncertainty can affect trading behaviour as markets react quickly to regulatory developments.

Read more: Banco Products, HUDCO, NBCC Among 12 Stocks Turning Record Date Today: Dividends Up to ₹183.71.

Conclusion

The ED’s decision to summon Anil Ambani again has put Reliance Group stocks back in focus. The investigation is ongoing, and more clarity will emerge only after the agency completes its questioning and reviews the financial trails. For now, investors are staying alert as regulatory developments continue to shape short-term movements in Reliance ADA Group companies.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: Nov 19, 2025, 11:34 AM IST

Aayushi Chaubey

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