7 months ago
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The Enforcement Directorate (ED) connected Tuesday (September 30, 2025) conducted surveys astatine the premises of Anil Ambani controlled Reliance Infrastructure Ltd and 1 its erstwhile roadworthy contractors successful transportation to definite usurpation of Foreign Exchange Management Act (FEMA) regulations.
Surveys were conducted successful Mumbai and Indore, officials said and ED is yet to specify the findings.
In a connection Reliance Infrastructure clarified that the survey was relating to a substance dating backmost 15 years.
“In 2010, the institution had awarded an EPC declaration for the operation of the JR Toll Road (Jaipur–Ringus Highway) to Prakash Asphaltings & Toll Highways. This was a home declaration with nary overseas speech involved,” the institution said.
“The enactment was completed, and the institution has nary continuing transportation oregon narration with the said contractor. The Toll Road is with NHAI for past 4 years,” it said.
“The institution and its officials are afloat cooperating, arsenic always. This enactment has perfectly nary interaction connected the concern operations, fiscal performance, shareholders, employees, oregon immoderate different stakeholders of the company,” it added.
