Mumbai (Maharashtra) [India], November 20 (ANI): The Reliance Group on Thursday clarified that the Enforcement Directorate's (ED) attachment of assets worth ₹1,400 crore pertains to Reliance Communications (RCOM), a company no longer part of the group since 2019.

RCOM is undergoing the Corporate Insolvency Resolution Process (CIRP) under the supervision of the National Company Law Tribunal (NCLT) and the Supreme Court, and is managed by a Resolution Professional appointed by lenders led by State Bank of India.

The spokesperson emphasised that Anil Ambani has had no involvement with RCOM since resigning in 2019. The statement also clarified that the attachment order does not affect Reliance Infrastructure or Reliance Power, both of which continue to operate normally.

According to a state

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