ALFA Filings
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Reliance Communications Limited announced the dissolution of its foreign step-down subsidiary, Reliance Telecom Infrastructure (Cyprus) Holdings Limited. The entity's status changed from 'Active' to 'Dissolved' in Cyprus. The company stated there is no material financial impact on RCOM, though it is currently evaluating the implications of the dissolution.
The PMLA Adjudicating Authority has confirmed the provisional attachment of assets worth approximately ₹8,078 Crore belonging to Reliance Communications and its subsidiaries. This confirms orders issued in late 2025 relating to investigations by the Directorate of Enforcement. The company is currently seeking legal advice to contest these developments during its ongoing insolvency process.
Reliance Communications Limited (RCOM) informed that the Adjudicating Authority (PMLA) confirmed the attachment of properties belonging to RCOM and its subsidiaries, CPL and RRL. The orders relate to PAOs issued in late 2025 regarding various land parcels and buildings. The company, currently under CIRP, is seeking legal advice on these adverse developments.
Reliance Communications Limited, currently under the Corporate Insolvency Resolution Process, reported a total financial indebtedness of ₹40,410 Crore as of March 31, 2026. Including unprovided interest of ₹42,866 Crore, the total default amount stands at ₹83,276 Crore. The company's debts are being resolved under the Insolvency and Bankruptcy Code.