Reliance Group in Trouble Yet Again Anil Ambani Under ED Scanner Today.

Reliance Group headed by Anil Ambani is again in a state of headlines but this time not on the right terms. Two of its big firms, Reliance Power and Reliance Infrastructure have crashed into lower circuit in the last two trading sessions. This implies that their share prices fell to such an extent that it automatically stopped trading.

Why have the stocks of Reliance Group declined?

The decline followed the huge searches of Enforcement Directorate (ED) that raided 35 places across Mumbai. These places had relation with Anil Ambani and approximately 50 connected parties within the Reliance Anil Dhirubhai Ambani Group (ADAG). Such raids form part of an on-going investigation on money laundering.

What has the ED been Investigating?

It is investigating the scam of a loan of about 3,000 crores. These were the loans that were received by Yes Bank since 2017 to 2019. The agency is of the view that there existed a foiled plan to defraud the government of its money through deceit by fooling the banks, investors and shareholders.

Much of this money was apparently contributed by State Bank of India (SBI), other government owned banks, Yes Bank (by then a privately owned bank) and developments in the mutual funds industry. The fear is that such monies might have ended up being misappropriated.

The Mysterious “C Company”

One relatively obscure company called the C Company is also in the radar of the ED. Here, it is alleged that the company was not identified as a related party, yet it is possible to have been instrumental to the transfer of massive funds between Reliance Infrastructure and other firms in the ADAG group.

There are Also Alleged Bribery Proceedings Being Investigated

Another aspect that the ED is investigating is the occurrence of bribes to secure approvals of loans. Reports show that promoters of Yes Bank might have got money transfers in their personal accounts prior to the loans being approved to companies of Reliance.

To add to the controversy, the ED is now reported to be probing a much larger loan scam- taking in around 14,000 crores- involving Reliance Communications (RCOM) and collaterals of the same.

Response of Reliance Group

The Anil Ambani Group has strenuously protested against any malpractice. According to the company the loans were made through due diligence and after undergoing credit committee of more than 30 people. It included the fact that the loans secured were full and fully repaid with interests. At present there is no pending amount.

The group further made it clear that Anil Ambani ceased to be on the board of RCOM in 2019 and hence has had no role or interest in its daily activity since then. Also, Canara Bank, a lender, had withdrawn its frauds classification against RCOM in Bombay High Court on July 10, 2025.

Reliance Communications has been rated as Fraud by SBI

On June 13, 2025, Pankaj Chaudhary, the Minister of State in charge of Finance in the Indian Parliament, informed, that Reliance Communications and Anil Ambani were fraud according to the State Bank of India. SBI had tried to declare them as fraudulent in November 2020 but the Delhi High Court had prevented it. In 2023, SBI rethought the process of classifications after a court ruling of the Supreme Court.

Reliance power share performance movement of price

The Reliance Power shares have registered a downfall of 11 percent within the five trading days. The fall in the stock during the past one month is 15 %. Its stock has however turned out to be a thrilling 55 percent in the past 6 months.

Reliance Infrastructure S.P. Performance

In the last week the Reliance Infra shares had gone down by 12 percent and in the last month by nearly 15.5 percent. However, its stock has still shown a growth of 37 percent during the last half year.

Also Read : Why Reliance Share Is Falling? Shocking Reasons Every Investor Must Know!

Final Thoughts

It is true that ED probe has resulted in pressure that is being exerted on Reliance Group stocks. Although the company claims that it has done all it does by the book, it is being handled with a pinch of salt by investors. As court proceeding goes on, one will have to monitor any unintended development that could have long time impact on the Reliance Anil Dhirubhai Ambani Group companies.