Anil Ambani

Anil Ambani-owned Reliance Power share price has risen from ₹20.36 to ₹28.60 apiece in April 2026

The two executives were important functionaries of the Reliance Communications group, managing corporate finance, banking operations, payments/utilisation of funds, etc.

Anil Ambani-owned Reliance Power shares have risen from ₹20.36 apiece to ₹28.58 on the NSE in April 2026

The Supreme Court on Thursday rejected pleas of Anil Ambani challenging Bombay High Court order.

The Supreme Court today called on the CBI and ED to conduct a “fair, dispassionate, transparent, and time-bound” investigation into a banking fraud linked to the Anil Dhirubhai Ambani Group. The apex court also directed concerned financial institutions to “render full cooperation”.

About 10-12 locations linked to the said company and its executives are being searched in the two cities, according to officials.

In a setback to industrialist Anil Ambani, the Bombay High Court on Monday quashed a single bench interim order that stayed proceedings initiated against him and Reliance Communications to classify their bank accounts as fraud.

Observing that the probe agencies have already taken time to start the probe, the bench asked the ED to constitute a SIT comprising senior officers to probe the ADAG and others.

Reliance Power recorded a 40% fall in its consolidated net profit to ₹25 crore in the October to December quarter of the fiscal year ending 2025-26. Here's what investors need to know about the company's Q3 results and share price movement.

Reliance Power shares rose over 3% ahead of its Q3 results on January 30, 2026. The company reported a net profit of ₹41.95 crore for Q3FY25, bouncing back from losses in Q3FY24, while revenue declined by 4.6% to ₹1,852 crore.