Reliance Infra Faces Provisional Attachment of ₹670 Crore Assets; Plans Appeal
Reliance Infrastructure Limited's assets worth ₹670.48 crore have been provisionally attached by the Adjudicating Authority, PMLA. The company received the order on April 21, 2026. Reliance Infrastructure plans to appeal the order, stating no impact on business operations.
The attachment of ₹670.48 crore in assets is material and could have financial implications, even if operational impact is denied. The need to file an appeal also indicates potential disruption and costs.
The provisional attachment of significant assets creates a negative sentiment for the company, despite management's claims of no operational impact and plans for an appeal.
Reliance Infrastructure Limited has received a communication from the Adjudicating Authority, PMLA, confirming the provisional attachment of certain assets amounting to ₹670.48 crore. The communication, dated April 20, 2026, and received by the company on April 21, 2026, relates to alleged violations of the Prevention of Money Laundering Act (PMLA) for the period between 2017 and 2019.
The company has stated that this attachment has no impact on its business operations. Reliance Infrastructure Limited plans to file an appeal challenging the attachment order.
This disclosure is made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Reliance Infrastructure Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Reliance Infrastructure Limited. Read the original for the full detail.