Anil Ambani's Reliance Power Faces ED Action: Assets Worth ₹2,032.81 Crore Under Seizure Order
Anil Ambani-led Reliance Power Ltd has faced a major regulatory setback after the Enforcement Directorate (ED) issued an order for the seizure of assets worth ₹2,032.81 crore in connection with alleged violations of foreign exchange regulations. The action covers shares worth ₹2,026.65 crore in the company's wholly owned subsidiary, Sasan Power Ltd, and bank balances of ₹6.16 crore.
Reliance Power disclosed the order in a regulatory filing, stating that it received the order on Oc
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