Adjudicating Authority Confirms Attachment of RCOM and Subsidiaries' Properties
The Adjudicating Authority has confirmed the attachment of properties belonging to Reliance Communications Limited (RCOM) and its subsidiaries, Campion Properties Limited and Reliance Realty Limited. The orders, dated April 10, 2026, confirm provisional attachment orders related to assets in Delhi, Navi Mumbai, Bhubaneswar, Chennai, Pune, and other locations.
The attachment and confirmation of attachment of multiple significant properties belonging to the company and its subsidiaries will have a substantial and direct impact on its financial standing and operations, especially given that the company is already under corporate insolvency resolution process.
The confirmation of attachment of properties by the Adjudicating Authority is a negative development for the company, as it will adversely impact its assets and investments.
Reliance Communications Limited (RCOM) has announced that the Hon’ble Adjudicating Authority under the Prevention of Money Laundering Act, 2002, has passed orders on April 10, 2026, confirming the attachment of properties under Provisional Attachment Orders (PAOs) No. 32/2025, 36/2025, and 40/2025. These orders, orally pronounced on April 10, 2026, and uploaded on April 11, 2026, relate to assets of RCOM and its wholly-owned subsidiaries, Campion Properties Limited (CPL) and Reliance Realty Limited (RRL).
The attached properties include a lease of land at Maharaja Ranjit Singh Marg, New Delhi (held by CPL), a plot of land in Trans Thane Creek Industrial Area, Navi Mumbai (held by RRL), a property in Fortune Tower, Bhubaneswar, commercial land in Nungambakkam, Chennai, an industrial plot in Ambattur, Chennai, a land parcel in Pune, buildings in Millennium Business Park, Navi Mumbai, and buildings and infrastructure at Dhirubhai Ambani Knowledge City, Navi Mumbai (held by RRL).
The Adjudicating Authority’s confirmation is in continuation of earlier disclosures regarding PAOs received from the Directorate of Enforcement (ED). The company is currently under corporate insolvency resolution process, and its affairs are managed by the Resolution Professional. Legal advice is being sought on the way forward. The confirmation of these attachments is expected to have an adverse impact on the company and its investments in RRL and CPL during the continuance of the orders.
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