Enforcement Directorate Attaches Reliance Power Assets Worth Rs 1,021 Crore Under PMLA:

Enforcement Directorate Attaches Reliance Power Assets Worth Rs 1,021 Crore Under PMLA

Reliance Power has informed stock exchanges that the ED has provisionally attached assets worth over Rs 1,021 crore under the PMLA, while the company maintains the financial impact is limited.

Company Says Financial Impact Limited to Rs 258.44 Crore

authorSaloni KumaridateJul 13, 2026
Last update on Jul 13, 2026

Reliance Power Limited has informed the stock exchanges that it has received a Provisional Attachment Order No. 33/2026, dated July 10, 2026, by the Enforcement Directorate (ED), through which its shares worth Rs 762.75 crore held by M/s Reliance Infrastructure Limited have been provisionally attached.

As per the disclosure, the Provisional Attachment Order has been issued for the alleged contravention of the Prevention of Money Laundering Act (PMLA) by the company and is valid from 2017 to 2019. The company had received the order on July 11, 2026.

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The order also covers certain receivables of the company from its wholly owned subsidiary, Sasan Power Limited (SPL), amounting to Rs 116.96 crore, and receivables of Reliance Cleangen Limited (RCL) from Reliance Power amounting to Rs 141.48 crore.

The company has clarified that it will take all appropriate legal steps to protect its interests, as well as the interests of its shareholders and other stakeholders. The anticipated financial implications of the aforementioned action on the company's financial, operational and business activities are limited to Rs 258.44 crore.

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Reliance Power Limited has made the aforementioned disclosure in pursuance of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, through an Intimation dated July 11, 2026, in compliance with SEBI’s Listing Obligations and Disclosure Requirements (LODR) Regulations. The intimation is addressed to the National Stock Exchange of India (NSE) and Bombay Stock Exchange Limited (BSE).

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Saloni Kumari

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Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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