₹408 Crore at Stake as Company Plans Appeal, ETLegalWorld

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    Reliance Power Limited on Wednesday said certain assets of the company amounting to ₹407.60 crore have been provisionally attached and the attachment has now been confirmed by the adjudicating authority under the Prevention of Money Laundering Act (PMLA).
    “Confirmation of the provisional attachment of certain assets of the Company amounting to Rs. 407.60 crore,” disclosed Reliance Power.
    In a regulatory filing to stock exchanges, the Anil Ambani-group company said it has received orders dated May 18, 2026, confirming the provisional attachment of the assets for a period of up to 365 days, subject to the outcome of its appeal and further proceedings.
    The communication was issued by the adjudicating authority under the PMLA in connection with alleged violations of the law. The attachment order relates to assets valued at ₹407.60 crore, the company disclosed under Regulation 30 of SEBI’s listing norms.Reliance Power said it will challenge the attachment and file an appeal against the order. “The Company will file an Appeal challenging the attachment of the above assets,” it said.

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    • Published On May 21, 2026 at 11:40 AM IST

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