Reliance Communications Limited has informed regarding Provisional attachment orders received from the Directorate of Enforcement in respect of the assets of Campion Properties Limited ( CPL ) and Reliance Realty Limited ( RRL ), both companies being wholly owned subsidiaries of Reliance Communications Limited ( Company or RCOM ).
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Reliance Communications Limited (RCOM) has informed the stock exchanges that the Directorate of Enforcement (ED) has issued two provisional attachment orders under the Prevention of Money Laundering Act (PMLA) against assets of its two wholly owned subsidiaries — Campion Properties Limited (CPL) and Reliance Realty Limited (RRL). Order No. 32/2025 (dated October 31, 2025) attaches a 3.7-acre land lease in New Delhi belonging to CPL, and Order No. 36/2025 (dated November 3, 2025) attaches a 132.07-acre plot in Navi Mumbai belonging to RRL. The orders follow a CBI FIR registered in August 2025 against RCOM, Anil D. Ambani, and others, based on a State Bank of India complaint alleging a wrongful loss of ₹2,929.05 crores due to fund diversion from consortium and non-consortium bank loans. The ED has established a fund trail showing alleged siphoning of funds to related infrastructure companies, mutual funds, and overseas remittances.
RCOM has acknowledged that the value of its investments in CPL and RRL may be adversely affected while the attachment orders remain in force. The company has been under corporate insolvency resolution process (CIRP) since June 2019, and these new ED actions under PMLA add another layer of legal and financial pressure on the already-distressed company and its shareholders.