Reliance Communications Limited — Others, 25-07-2025: Action(s) taken or orders passed
25-07-2025 | 10:53 pm
25-07-2025 | 10:53 pm
Reliance Communications (RCOM) announced that Directorate of Enforcement officials conducted a search and seizure operation at its offices, related to a money laundering investigation. Laptops and email data from the CFO and Company Secretary were seized. Despite this, RCOM confirmed that its business operations continue as normal and there will be no impact on its financials. The company highlights that it is currently undergoing a corporate insolvency resolution process, which provides it with significant legal protections.
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