After the Enforcement Directorate seized assets worth more than Rs 3000 crore linked to Anil Ambani on Monday, Reliance Infrastructure Limited informed the stock exchanges that the development has no impact on its business operations, shareholders, employees, or other stakeholders.

In a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company stated that Anil Ambani has not been on the company’s Board for more than 3.5 years.

ED seized more than Rs. 3000 worth of assets

The Enforcement Directorate (ED) announced on Monday that it had temporarily taken control of more than 42 properties belonging to the Reliance Anil Ambani Group. These assets, worth over Rs. 3,083 crore, were attached on October 31 under the P

See Full Page