Reliance Communications Limited has informed the Exchange about Action(s) initiated or orders passed : Update on confirmation of provisional attachment orders ( PAOs ) by the Hon ble Adjudicating Authority (
RCOM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Hon'ble Adjudicating Authority under the Prevention of Money Laundering Act, 2002 (PMLA) has confirmed the attachment of multiple properties belonging to Reliance Communications Limited (RCOM) and its wholly-owned subsidiaries, Campion Properties Limited (CPL) and Reliance Realty Limited (RRL). The attachments relate to three Provisional Attachment Orders (PAOs) issued by the Directorate of Enforcement (ED) in late 2025. The confirmed properties include land/building assets in New Delhi, Navi Mumbai (including Dhirubhai Ambani Knowledge City and Millennium Business Park), Chennai, Pune, and Bhubaneswar. The ED investigation stems from a CBI FIR registered against RCOM and Anil D. Ambani for alleged bank fraud causing wrongful loss of ₹2,929.05 crores to State Bank of India. RCOM is already under corporate insolvency resolution process (CIRP) since June 2019, with its affairs managed by a Resolution Professional.
The confirmed attachment of multiple assets will reduce the pool of properties available for resolution under the ongoing CIRP, potentially affecting creditor recoveries. This development adds to the legal complexity surrounding RCOM's insolvency process.