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Shares of Reliance Power and Infrastructure dropped after raids linked to a Yes Bank fraud investigation.
Shares of Reliance Power and Reliance Infrastructure fell by 5-10% after Enforcement Directorate raids linked to Anil Ambani's business group, as part of an investigation into a Rs 3,000 crore Yes Bank loan fraud.
The companies clarified that the investigation primarily involves former entities, Reliance Communications and Reliance Home Finance, which are no longer part of their operations.
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Las acciones de Reliance Power and Infrastructure cayeron después de las redadas relacionadas con una investigación de fraude de Yes Bank.