BSEReliance Infrastructure LtdHighNeutral
Announced Tue, 23 Jun, 2026 · 23:11 IST
Provisional attachment of subsidiary shares confirmed for about Rs 1,575 crore
Price reaction
Awaiting price reaction for this filing.
AI summary
The PMLA Adjudicating Authority has confirmed provisional attachment of Reliance Infrastructure shareholding in three subsidiaries - BSES Yamuna Power, BSES Rajdhani Power, and Mumbai Metro One Private Limited - for about Rs 1,575 crore. This relates to alleged PMLA violations during 2017-2019. The order confirms a provisional order from January 28, 2026. The company will file an appeal.
Likely market impact
Negative; subsidiary shares worth about Rs 1,575 crore are attached under PMLA, creating legal and financial overhang. Company will appeal.