Reliance Group has strongly condemned what it termed as a “malicious and orchestrated campaign” by Cobrapost to defame the Group, its chairman Anil Ambani, and over 55 lakh shareholders of Reliance Infrastructure and Reliance Power.

Describing Cobrapost as a “defunct and discredited online platform”, Reliance Group, in a statement, said it has been “resurrected” by vested interests with a commercial motive to depress the stock prices of Reliance companies and acquire assets at throwaway prices.

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“The so-called exposé is a recycling of old, publicly available information already examined by statutory authorities including CBI, ED, and SEBI,” the company said. It added that any fresh comments on such matters would amount to contempt of court since many cases are sub-judice.

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