Reliance Power Limited has disclosed the provisional attachment of shares held by its promoter, Reliance Infrastructure Limited, valued at ₹762.75 crore. The attachment also covers certain company receivables from its wholly-owned subsidiaries, Sasan Power Limited (₹116.96 crore) and Reliance Cleangen Limited (₹141.48 crore). The total financial implication is estimated at ₹258.44 crore, relating to alleged violations of the Prevention of Money Laundering Act (PMLA). This disclosure was made on July 11, 2026.
Key Disclosure on Asset Attachment
Reliance Power Limited has formally communicated a significant disclosure regarding a provisional attachment order. The order affects shares of the company held by its promoter, M/s. Reliance Infrastructure Limited, with a value of ₹762.75 crore. This action was initiated due to alleged violations of the Prevention of Money Laundering Act (PMLA).
Impact on Company Receivables
In addition to the promoter’s shares, the provisional attachment also extends to certain amounts comprising receivables of Reliance Power Limited. These include receivables from its wholly-owned subsidiary, Sasan Power Limited (SPL), amounting to ₹116.96 crore, and receivables from another wholly-owned subsidiary, Reliance Cleangen Limited (RCL), amounting to ₹141.48 crore. The total financial implications on the listed company are estimated at ₹258.44 crore.
Applicable Period and Authority
The period for which this communication would be applicable, as stated, spans from 2017 to 2019. The communication was received from the Enforcement Directorate (ED) via a Provisional Attachment Order No. 33/2026, dated July 10, 2026, referencing ECIR/STF/17/2025.
Company’s Stance and Actions
Reliance Power Limited stated that it would take all appropriate steps to safeguard its interests, as well as the interests of all its shareholders and other stakeholders, as may be legally advised. The company has confirmed that there are no other relevant pieces of information beyond this disclosure.
Source: BSE
