ED attaches ₹510 crore more of Anil Ambani Group assets, cumulative seizures hit ₹23,100 crore
Synopsis
The ED has attached another ₹510 crore in Anil Ambani Group assets — including two chartered aircraft and six land parcels — pushing total seizures against the group to a staggering ₹23,100 crore. With six PMLA prosecution complaints filed and 10 arrests made, the agency's multi-year probe now spans the full range of Ambani's financial and infrastructure companies.
Key Takeaways
The ED attached assets worth ₹510 crore of the Anil Ambani-led Reliance Group on 3 November 2026 . ₹263.05 crore linked to the RHFL and RCFL bank fraud case; ₹247.12 crore linked to the RCOM bank fraud case.
Attached assets include two chartered aircraft , six land plots , office premises in Maharashtra , and two windmills in Tamil Nadu .
Cumulative ED attachments and seizures against the group now stand at approximately ₹23,100 crore under PMLA and FEMA .
The ED has arrested 10 individuals and filed six prosecution complaints under PMLA and one under FEMA.
Further investigation is ongoing; companies under scrutiny include Reliance Power , Reliance Capital , and Reliance Infrastructure , among others.
The Enforcement Directorate (ED) on Wednesday, 3 November 2026, attached assets worth ₹510 crore belonging to the Anil Ambani-led Reliance Group, including chartered aircraft, bank balances, fixed deposits, immovable properties, receivables, and investments, in cases of alleged fraud. The move pushes the agency's cumulative attachments and seizures against the Reliance Anil Ambani Group to approximately ₹23,100 crore across multiple cases under the Prevention of Money-Laundering Act (PMLA) and the Foreign Exchange Management Act (FEMA).
Breakdown of the Latest Attachments
Of the ₹510 crore attached, assets worth ₹263.05 crore are linked to alleged bank fraud involving Reliance Home Finance Limited (RHFL) and Reliance Commercial Finance Limited (RCFL). These include two windmills in Tamil Nadu, bank balances, fixed deposits, investments, and receivables.
The remaining ₹247.12 crore pertains to the Reliance Communications Limited (RCOM) bank fraud case. Assets seized in this tranche include two chartered aircraft, six plots of land, and office premises across Maharashtra, according to the agency's statement.
Scope of the ED Investigation
The probe was initiated on the basis of multiple First Information Reports (FIRs) filed by the Central Bureau of Investigation (CBI), Delhi, the Economic Offences Wing of the Delhi Police, and the Economic Offences Wing of the Mumbai Police. Two additional cases are being investigated under FEMA.
Companies under the ED's scanner include Reliance Communication Ltd, Reliance Home Finance Ltd, Reliance Commercial Finance Ltd, Reliance Infrastructure Ltd, Reliance Power Ltd, and Reliance Capital Ltd — virtually the full breadth of the Anil Ambani Group's financial and infrastructure arms.
What the ED Alleges
Investigators allege that the Reliance Anil Ambani Group was involved in the siphoning of public funds from banks and financial institutions, misuse of the Insolvency and Bankruptcy Code (IBC) to fraudulently ring-fence corporate assets for personal use, and the diversion of public funds to offshore tax havens, according to the agency's statement. A significant portion of the diverted funds was reportedly utilised for the personal benefit of the promoters and their families.
Notably, the ED has to date arrested 10 individuals in connection with these cases and has filed six prosecution complaints under the PMLA, 2002, along with one complaint under FEMA.
Scale and Context
Wednesday's attachment is the latest in a long-running multi-agency scrutiny of the Anil Ambani Group, which has seen its corporate empire shrink sharply over the past decade amid mounting debt and regulatory pressure. With cumulative ED action now standing at ₹23,100 crore, the scale of alleged financial misconduct being examined ranks among the largest such investigations in India's post-PMLA history.
The agency confirmed that further investigation remains in progress, signalling that more action against the group cannot be ruled out.
Point of View
100 crore cumulative figure is not just a statistic — it is a measure of how comprehensively the Anil Ambani Group's financial architecture is alleged to have been weaponised against public creditors. What is striking is the breadth: six companies, two legal regimes (PMLA and FEMA), and referrals from three separate investigative agencies. Mainstream coverage tends to focus on the headline attachment number, but the IBC misuse allegation — using insolvency proceedings to ring-fence assets — is arguably the more consequential legal theory, because if proven, it would expose structural gaps in how Indian courts have supervised resolution proceedings. The investigation's pace also signals that the ED is far from winding down; with further probes ongoing, the ₹23,100 crore figure may still have room to climb.
NationPress
3 Nov 2026
Frequently Asked Questions
What assets did the ED attach from the Anil Ambani Group on 3 November 2026?
The ED attached assets worth ₹510 crore including two chartered aircraft, six land plots and office premises in Maharashtra, two windmills in Tamil Nadu, bank balances, fixed deposits, investments, and receivables. The attachments span two separate bank fraud cases involving RCOM and RHFL/RCFL.
What is the total value of assets the ED has seized from the Anil Ambani Group so far?
The ED has cumulatively attached or seized assets worth approximately ₹23,100 crore from the Reliance Anil Ambani Group to date, across multiple cases investigated under PMLA and FEMA.
Which companies in the Anil Ambani Group are under ED investigation?
Six companies are under investigation: Reliance Communication Ltd, Reliance Home Finance Ltd, Reliance Commercial Finance Ltd, Reliance Infrastructure Ltd, Reliance Power Ltd, and Reliance Capital Ltd.
What does the ED allege the Reliance Anil Ambani Group did?
The ED alleges the group siphoned public funds from banks and financial institutions, misused insolvency law to ring-fence corporate assets for personal benefit, and diverted funds to offshore tax havens. A significant portion is alleged to have been used for the personal benefit of the promoters and their families.
How many arrests and prosecution complaints have been filed in the case?
The ED has arrested 10 individuals and filed six prosecution complaints under the PMLA, 2002, along with one complaint under FEMA. Further investigation is still ongoing.
