Global EconomyWhat's next?•1 min read•10/15/2026 (6h ago)

Reliance Power shares crash 5% as ED seizes ₹2,033 crore assets in FEMA case against Anil Ambani firm

Reliance Power shares crash 5% as ED seizes ₹2,033 crore assets in FEMA case against Anil Ambani firm
60-Word AI Digest

Reliance Power shares fell 4% after the Enforcement Directorate seized assets worth ₹2,032.81 crore under a FEMA investigation. The agency alleges funds raised overseas were routed through foreign entities and supported by fabricated documents.

Key Takeaways

  • Reliance Power shares fell 4% after the Enforcement Directorate seized assets worth ₹2,032.81 crore under a FEMA investigation.
  • The agency alleges funds raised overseas were routed through foreign entities and supported by fabricated documents.
  • Full details and original dispatch available below.

Reliance Power shares fell 4% after the Enforcement Directorate seized assets worth ₹2,032.81 crore under a FEMA investigation. The agency alleges funds raised overseas were routed through foreign entities and supported by fabricated documents.

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Reliance Power shares crash 5% as ED seizes ₹2,033 crore assets in FEMA case against Anil Ambani firm — Loop60