Reliance Group clarifies that the asset attachments by ED primarily relate to Reliance Communications, not directly impacting the operations of Reliance Infrastructure and Reliance Power. The group commits to protect the interests of its over 50 lakh retail shareholders. Both Reliance Infrastructure and Reliance Power continue normal operations with a focus on growth and commitment to stakeholders.
Reliance Group Addresses Investor Queries
Reliance Group has issued a clarification to address recent media reports and investor queries regarding the attachment of assets. The group emphasizes its commitment to protecting the long-term interests of over 50 lakh retail shareholders.
Clarification on Asset Attachments
The clarification states that the majority of the assets attached by the Enforcement Directorate (ED), by value, belong to Reliance Communications, which is under the control of the Resolution Professional (RP) and the committee of creditors (CoC), led by the State Bank of India. These assets are not directly related to Reliance Infrastructure or Reliance Power.
Operational Status of Reliance Infrastructure and Reliance Power
Reliance Infrastructure Limited and Reliance Power Limited wish to clarify that there is no material impact on the operations, performance, or future prospects of either company. Both companies continue to operate as usual, focusing on growth, operational excellence, and commitment to stakeholders.
Assets and Financial Position
Reliance Infrastructure is described as a zero bank debt company with assets worth Rs 65,840 crore and a net worth of Rs 14,287 crore as of March 31, 2025. It also highlights a strong retail shareholding family of over 7 lakh investors. Reliance Power is also identified as a zero bank debt company with assets worth Rs 41,282 crore and a net worth of Rs 16,337 crore as of March 31, 2025, supported by a retail shareholding family of over 43 lakh investors.
Legal Action Against Market Manipulation
Both Reliance Infrastructure Limited and Reliance Power Limited have filed a formal complaint with the Securities and Exchange Board of India (SEBI) on October 29, 2025, against a systematic campaign of price hammering and market manipulation.
About Reliance Group’s Financial Health
Reliance Infrastructure Limited and Reliance Power Limited, part of the Reliance Group, have a combined investor base of over 50 lakh shareholders. The Reliance Group employs more than 28,000 people and serves over 400 million customers. The Group has assets worth Rs 1,07,123 crore, and a net worth of Rs 30,624 crore.
Source: BSE