Reliance Infrastructure Limited has received a Pre-Cognizance notice under Section 223 of the Bharatiya Nagarik Suraksha Sanhita, 2023. This notice pertains to a complaint filed by the Enforcement Directorate (ED) for an alleged amount of approximately ₹3000 crore under sections 3 and 4 of the Prevention of Money Laundering Act (PMLA). The company is evaluating the situation and will take appropriate legal steps.
Legal Notice Received in PMLA Matter
Reliance Infrastructure Limited announced today that it has received a Pre-Cognizance notice from the Special Judge, CBI, New Delhi. This notice is in connection with a complaint filed by the Enforcement Directorate (ED) concerning an alleged amount of approximately ₹3000 crore. The allegations fall under sections 3 and 4 of the Prevention of Money Laundering Act (PMLA), relating to the matter of Reliance Home Finance Limited & Others.
Regulatory Disclosure and Next Steps
The company has made this disclosure as per Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Reliance Infrastructure is currently reviewing the notice and states that the expected financial implication is not ascertainable at this stage. The company assures that it will take all appropriate steps to safeguard its interests as advised by legal counsel.
Source: BSE
