Anil Ambani Group Companies Stocks Fall Up To 5% after CBI Files Fraud Case Against Anil Ambani’s Son

Shares of Anil Ambani group companies fell sharply on December 10 after reports surfaced that the CBI has filed fresh fraud cases related to Reliance Home Finance and Reliance Commercial Finance. 

Details of the Fraud Cases

The new cases include an alleged ₹228 crore fraud at Reliance Home Finance based on a complaint from Union Bank of India, and a ₹57.47 crore fraud at Reliance Commercial Finance on a complaint from Bank of Maharashtra. These cases are part of an ongoing investigation into earlier, larger alleged frauds of ₹5,572 crore and ₹9,280 crore involving the same companies.

Background of the Companies Involved

Both Reliance Home Finance and Reliance Commercial Finance were part of Anil Ambani’s Reliance Group until FY23. They were later taken over by Authum Investment & Infrastructure through a debt resolution plan. Public sector banks had already labelled their loan accounts as fraud in 2024 and 2025, which led to formal CBI complaints.

CBI’s Statement on the Investigation

The CBI said it will thoroughly examine claims that banks and financial institutions were cheated. The agency is looking into the role of various individuals and former executives, including those named in the chargesheet.

Additional Setback for ADAG Firms

In a separate development, Reliance Communications said that Union Bank of India has also classified its loan account as fraud. Meanwhile, Reliance Infrastructure informed exchanges that the Enforcement Directorate has put a lien of ₹77.86 crore on its bank accounts over alleged FEMA violations.

Read More: Ashok Leyland Share Price in Focus Ahead of Upcoming Dividend Payout Expected on or Before 11 December 2025.

Market Reaction: Stocks Hit Hard

Following these updates, ADAG stocks saw heavy selling pressure. Reliance Power fell more than 4%, touching a low of ₹34.18. Reliance Infra slipped close to 5% and hit ₹132.90, which is also its 52-week low.

Conclusion

The fresh CBI cases and the involvement of Anil Ambani’s son have triggered renewed concerns around ADAG companies. With bank fraud tags and regulatory actions piling up, investor sentiment remains weak, pushing group stocks sharply lower.

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.