Archive · 24 Jul 2025
Reliance Companies: ED Raids Have No Impact, Say Statements
The Enforcement Directorate (ED) looked into some companies owned by Anil Ambani.
After this, Reliance Infrastructure and Reliance Power said that it won't change how they do business or affect anyone involved.
The companies explained that the reports seem to be about older deals from more than a decade ago involving Reliance Communications Limited (RCOM) and Reliance Home Finance Limited (RHFL).
ED conducted search operations at Anil Ambani's firms.
Reliance Infrastructure and Reliance Power released statements.
The companies stated no impact on business operations or stakeholders.
The actions relate to allegations from transactions over 10 years ago.
The reports are linked to transactions of RCOM or RHFL.
- Who
- Enforcement Directorate, Reliance Infrastructure, and Reliance Power.
- What
- ED conducted search operations; Reliance Infrastructure and Reliance Power issued statements.
- When
- Thursday
- Where
- At the premises of Anil Ambani's firms.
- Why
- The exact reasons for the ED's actions are not explicitly stated in the provided text.
- Companies Involved
- Reliance Infrastructure, Reliance Power, Reliance Communications Limited (RCOM), Reliance Home Finance Limited (RHFL)
- Action
- ED search operations
- Companies' Response
- Stated no impact on business or stakeholders
- Allegations
- Linked to transactions of RCOM or RHFL
- Timeframe of Allegations
- Over 10 years old