BSEReliance Infrastructure LtdHighNeutral
Announced Tue, 23 Jun · 23:11 IST
Provisional attachment of subsidiary shares confirmed for about Rs 1,575 crore
Credit & Debt View source PDF
Price reaction · full curve
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.