RCOM: Adjudicating Authority Confirms Attachment of Properties
Reliance Communications Limited (RCOM) announced that the Adjudicating Authority has confirmed the attachment of properties under Provisional Attachment Orders (PAOs) 32/2025, 36/2025, and 40/2025. These orders, passed on April 10, 2026, affect assets of RCOM and its subsidiaries CPL and RRL. The company is under corporate insolvency resolution process and anticipates an adverse financial and operational impact.
The attachment of significant properties, including land and buildings held by the company and its subsidiaries, directly impacts its asset base and operational capabilities, indicating a high level of impact.
The confirmation of attachment orders by the Adjudicating Authority on RCOM's and its subsidiaries' properties is a negative development, impacting the company's assets and operations.
Reliance Communications Limited (RCOM) 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 various properties. These orders, orally pronounced on April 10, 2026, and uploaded on April 11, 2026, pertain to Provisional Attachment Orders (PAOs) previously received from the Directorate of Enforcement.
The confirmed attachments include:
* PAO No. 32/2025: This confirms the attachment of a lease of a plot of land admeasuring 3.7 acres at Maharaja Ranjit Singh Marg, New Delhi, held by Campion Properties Limited (CPL), a wholly-owned subsidiary of RCOM. The property includes the building named Reliance Centre.
* PAO No. 36/2025: This confirms the attachment of a plot of land admeasuring approximately 5,34,468.32 m2 (132.07 acres) at the Trans Thane Creek Industrial Area, within the village limits of Khairane, Koparkhairane, Savali, and Mahape, Navi Mumbai, held by Reliance Realty Limited (RRL), another wholly-owned subsidiary of RCOM.
* PAO No. 40/2025: This confirms the attachment of multiple properties. These include a 6th Floor in Fortune Tower, Bhubaneswar (held by RCOM); commercial land and a building in Nungambakkam, Chennai (held by RCOM); an industrial plot in Ambattur Industrial Estate, Chennai (held by RCOM); a land parcel with an RCC structure in Wadgaon Sheri, Pune (held by RCOM); buildings and infrastructure at Millennium Business Park, Navi Mumbai (held by RRL); and buildings and infrastructure at Dhirubhai Ambani Knowledge City, Navi Mumbai (held by RRL).
The company is currently undergoing corporate insolvency resolution process, with its affairs managed by the Resolution Professional. RCOM is seeking legal advice on the way forward. The company stated that the attachment of these assets will have an adverse impact on its financial and operational activities during the continuance of the orders. The value of RCOM's investment in RRL and CPL may also be adversely affected.
What to do with a filing like this
Reliance Communications Limited filed this with the NSE as a statutory disclosure, categorised under corporate insolvency resolution process. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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