Reliance Infrastructure Limited has received a Provisional Attachment Order from the Enforcement Directorate (ED) involving subsidiary shareholdings worth approximately Rs.1,575 crore. The company made this disclosure on February 06, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

ED Attachment Order Details

The Provisional Attachment Order No. 10/2026 was received by the company on January 28, 2026. The order specifically targets the company's shareholding in three major subsidiaries, creating significant implications for the infrastructure conglomerate.

Affected Subsidiaries

The provisional attachment covers the company's shareholdings in three critical subsidiaries that form part of its core business operations. These entities represent significant value within the Reliance Infrastructure portfolio.

Legal Allegations and Compliance Issues

The attachment order stems from alleged violations of the Prevention of Money Laundering Act (PMLA). The ED has identified what it considers aberrations and non-compliances during the specified period from 2017 to 2019.

Company Response and Action Plan

Reliance Infrastructure has outlined its response strategy to address the regulatory communication. The company emphasized its commitment to protecting shareholder interests through appropriate legal channels.

The disclosure was signed by Company Secretary Paresh Rathod, who confirmed that all information provided in the regulatory filing is true, correct, and complete to the best of the company's knowledge and belief. The company has maintained transparency by promptly informing stock exchanges and stakeholders about this significant regulatory development.

Reliance Infrastructure has delivered strong operational performance in Q3, with EBITDA rising significantly to Rs 10.6 billion from Rs 8.9 billion year-on-year, accompanied by substantial margin expansion. Despite facing revenue headwinds, the company demonstrated improved operational efficiency and achieved a remarkable turnaround in net profitability.

Strong EBITDA Performance Amid Revenue Challenges

The company's Q3 results showcase contrasting operational dynamics, with robust EBITDA growth offsetting revenue decline pressures. The infrastructure major successfully expanded its EBITDA margin to 24.58% from 17.80% in the previous year, indicating enhanced operational efficiency.

Preferential Issue Monitoring and Compliance

The monitoring report, prepared by Infomerics Valuation and Rating Limited and submitted on January 31, 2026, confirms zero deviation from the original issue objects. The preferential issue, conducted between October 25, 2024, and November 08, 2024, comprised 12,56,00,000 convertible warrants with an aggregate value of Rs 3,014.40 crore.

Strategic Fund Allocation and Business Expansion

The issue proceeds are allocated across two primary objectives, with the monitoring agency confirming that utilization has been strictly in accordance with the offer document specifications. The business expansion component focuses on strengthening the company's presence in the defence sector and other new business opportunities.

Recent Corporate Actions and Regulatory Developments

During the reporting period, the company allotted 1,25,00,000 equity shares to Risee Infinity Private Limited, a promoter company, on June 18, 2025, involving warrant conversion for Rs 300.00 crore. The company's share price stood at Rs 134.04 as of January 27, 2026, representing a significant discount to the issue price of Rs 240.00. Additionally, stock exchanges have placed the company under Additional Surveillance Measures (ASM), and the Enforcement Directorate provisionally attached the company's shareholding in three subsidiaries for approximately Rs 1,575 crore on January 28, 2026.