ED attaches ₹1,021 crore more in Anil Ambani probe

Fresh ED order: ₹1,021 crore attached

The Enforcement Directorate (ED) said on Saturday it issued a fresh provisional attachment order for assets worth ₹1,021 crore as part of a money laundering investigation linked to the Reliance Anil Ambani Group. The agency said the order was issued under the Prevention of Money Laundering Act (PMLA). As per the ED statement, the attachment covers equity shares of Reliance Power held by Reliance Infrastructure. The order also covers certain loan amounts receivable from Sasan Power and Reliance Power. The development is part of a wider set of investigations in which the ED has repeatedly updated the scope of attached properties. The agency’s actions are provisional at this stage, and are subject to adjudication and further legal proceedings. The update is significant because it adds another large tranche to assets already under attachment in connected matters.

ED’s running totals across linked cases

Alongside the latest attachment, the ED said the total value of properties attached in this case has reached ₹20,367 crore. The agency also said it has filed four chargesheets and arrested eight persons so far. Separately, the ED said properties worth ₹77.86 crore have been attached under the Foreign Exchange Management Act (FEMA). In other updates linked to the same broader set of matters, the ED has cited different running totals at different times. For example, in an April 28 update linked to the Reliance Communications Ltd bank fraud case under PMLA, the ED stated that total attachment in Reliance Anil Ambani Group cases exceeded ₹19,344 crore. In another report on fresh attachments, officials said the total attachment in the case against the Reliance Group stood at ₹10,117 crore. These numbers reflect different snapshots and descriptions in the public record across multiple linked proceedings.

What the latest attachment covers

The ED said the provisional attachment order includes equity shares of Reliance Power held by Reliance Infrastructure. It also includes certain loan amounts receivable from Sasan Power and Reliance Power. The statement indicates the attachment is tied to alleged money laundering under PMLA, without detailing in this excerpt the underlying transaction trail. Such attachments generally aim to secure assets that investigators allege are linked to “proceeds of crime.” The order is provisional, meaning affected parties can contest it before the adjudicating authority and in appellate forums. The scope of the order, as described, spans both listed equity exposure and receivables.

Reliance Power: ₹407.60 crore attachment confirmed, appeal planned

Reliance Power Limited disclosed that certain assets of the company amounting to ₹407.60 crore have been provisionally attached and that the attachment has been confirmed by the adjudicating authority under PMLA. In a regulatory filing, the company said it received orders dated May 18, 2026, confirming the provisional attachment for a period of up to 365 days. The company said the period is subject to the outcome of its appeal and further proceedings. Reliance Power stated that the communication relates to alleged violations of the law. Under Regulation 30 of SEBI’s listing norms, the company disclosed that the attachment order relates to assets valued at ₹407.60 crore. It also said it will file an appeal challenging the attachment.

Reliance Power’s broader clarification on attached assets

In another clarification, Reliance Power said its operations remain “normal” following provisional attachment of assets worth ₹10,117 crore by the ED in a PMLA-linked matter. The company said the majority of the attached assets, ₹8,078 crore, belong to non-group companies and are related to the bankrupt Reliance Communications, not Reliance Power. It added that Reliance Communications has not been part of the Reliance Group since 2019, and that it is under the Corporate Insolvency Resolution Process (CIRP). Reliance Power also said RCom’s operations are managed by a Resolution Professional under the National Company Law Tribunal (NCLT) and its Committee of Creditors led by SBI and a consortium. The company further stated that ₹339 crore pertains to assets of Reliance Infrastructure, while ₹582 crore is connected to independent companies with no affiliation to the Reliance Group. It also disclosed that its attached real estate and windmill assets total about ₹407.6 crore.

Ballard Estate and windmill assets mentioned in disclosures

Reliance Power also provided detail on the nature of some attached assets. It said the real estate assets at Ballard Estate, including the company’s own assets valued at ₹397.46 crore, are held under a long-term lease from the Bombay Port Trust (BPT). The company added that windmill assets valued at ₹10.14 crore have also been provisionally attached. These figures were provided in the company’s clarification on the attachment. Reliance Power said it would pursue legal actions based on counsel advice to protect shareholders’ interests. The company also cited its shareholder base as over 43 lakh shareholders. The disclosures were framed as an effort to separate the company’s operational position from the broader attachment headlines.

Reliance Communications: confirmation of earlier PAOs

Reliance Communications, in a separate regulatory filing, said the Adjudicating Authority has passed orders dated April 10, 2026 confirming attachment of property under PAO No. 32/2025, PAO No. 36/2025 and PAO No. 40/2025. The company said these pertain to provisional attachment orders issued by the ED in November 2025 in connection with alleged proceeds of crime. The orders relate to assets owned by RCOM and its wholly-owned subsidiaries Campion Properties Ltd (CPL) and Reliance Realty Ltd (RRL). The filing described the action as stemming from those earlier ED PAOs. In the same news flow, a family statement said a provisional attachment is not a finding of guilt and that affected parties will respond before the adjudicating authority.

April 28 update: ₹3,034.90 crore attached in RCom-linked case

The ED said on Tuesday (April 28) it attached another set of assets worth ₹3,034.90 crore in connection with the Reliance Communications Ltd bank fraud case under PMLA, 2002. As per the ED, the provisional attachments included a Mumbai flat, a Khandala farmhouse, land parcels in Sanand, Ahmedabad, and shares worth ₹7.71 crore of Reliance Infrastructure held under RiseE Trust Structure. The agency stated at that time that total attachment in Reliance Anil Ambani Group cases exceeded ₹19,344 crore. These attachments were described as part of the bank fraud-linked investigation stream. The update underlined that the ED is attaching a mix of real estate, land, and securities across proceedings.

Market reactions and company responses

Shares of Reliance Power Ltd surged 7.80% in Monday’s trade after the company issued a clarification on media reports linking it to a case involving a fake bank guarantee. In its exchange filing, the company said Amar Nath Dutta is in no way connected with the company, and that it has no impact on its operations, financial performance, shareholders, employees, or other stakeholders. Reliance Power said it, its subsidiary Reliance NU BESS Ltd, and employees acted bonafidely and are victims of fraud, forgery and cheating conspiracy. The company also said media had incorrectly drawn a reference to Anil D. Ambani in that matter, and that he has not been on the board of Reliance Power for more than 3.5 years. Separately, in the same cluster of reports, promoters were stated to hold a 24.98% stake in Reliance Power as of September 2025. Reliance Power also said on another occasion that the ED attached certain assets of its promoter Reliance Infrastructure and that none of Reliance Power’s own assets had been attached in that specific instance.

Snapshot table: key figures cited in public updates

Why this matters for investors and listed entities

The sequence of ED attachments and confirmations creates recurring disclosure events for listed companies connected to the Anil Ambani group ecosystem. For investors, the immediate relevance is the distinction between company-level assets under attachment, promoter-level assets, and assets tied to other entities such as Reliance Communications under CIRP. Reliance Power’s filings show it is contesting orders and highlights that confirmations can be time-bound, such as the up to 365-day period cited in its May 18, 2026 order. The public record also reflects multiple parallel proceedings, including PMLA attachments and separate FEMA attachments cited by the ED. Company clarifications and regulatory filings play a central role in how markets interpret the operational impact versus legal and reputational risk. The key near-term information points are the adjudication process, appeals, and any further ED orders or court directions referenced in future filings.

Conclusion

The ED’s fresh provisional attachment of ₹1,021 crore adds to an expanding set of PMLA-linked actions tied to Anil Ambani group entities, with different updates citing totals ranging up to ₹20,367 crore in the case context. Reliance Power has disclosed a confirmed attachment of ₹407.60 crore and said it will appeal, while also issuing clarifications on operational continuity and the breakup of amounts cited in media reports. The next set of concrete updates is likely to come through adjudicating authority proceedings and company filings on appeals and related legal steps.