Reliance Communications Limited Offices Searched by Central Bureau of Investigation
Reliance Communications Limited (RCOM) confirmed that officials from the Central Bureau of Investigation (CBI) conducted a search and seizure operation at the office premises of Reliance Telecom Limited (RTL), a wholly owned subsidiary of RCOM, on March 26, 2026. The search took place at the RTL office located in Dhirubhai Ambani Knowledge City, Navi Mumbai.During the search, CBI officials seized original and copied letters exchanged between RTL/RCOM and banks and financial institutions, related to credit facilities, term loans, and working capital limits. Seized documents also included due diligence reports, end-use certificates, banking correspondence spanning from 2012 to 2019, and original financials from fiscal years 2012-2013 to 2018-2019 of RTL. A portable SSD containing data related to RTL's books of accounts and related party transactions was also confiscated.
The operation was conducted under sections 185 and 103(6) of the Bhartiya Nagarik Suraksha Sanhita, 2023.
RCOM and RTL stated that operations continue normally and the search is not expected to impact financials or operations. Both companies are currently undergoing corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016.
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