{"id":952095,"date":"2025-08-02T08:29:24","date_gmt":"2025-08-02T02:59:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=952095"},"modified":"2025-08-02T09:25:41","modified_gmt":"2025-08-02T03:55:41","slug":"reliance-infra-denies-fund-diversion-allegations-says-anil-ambani-not-on-board","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/02\/reliance-infra-denies-fund-diversion-allegations-says-anil-ambani-not-on-board\/","title":{"rendered":"Reliance Infra denies fund diversion allegations, says Anil Ambani not on board"},"content":{"rendered":"<p>CHENNAI: Reliance ADA Group has firmly rejected allegations of diverting funds through inter\u2011corporate deposits (ICDs) involving Reliance Infrastructure (R\u2011Infra) and an undisclosed entity, CLE Pvt Ltd. According to a SEBI\u2011based allegation disclosed via ED sources, R\u2011Infra is accused of moving approximately \u20b910,000 crore to group companies through CLE\u2014without declaring it as a related party\u2014through the guise of ICDs, equity investments and corporate guarantees. These transactions are alleged to span FY2013 to FY2023, with total exposure to CLE reported as Rs 8,302 crore by SEBI, and write\u2011offs reaching Rs 10,110 crore during FY2017\u201321.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CHENNAI: Reliance ADA Group has firmly rejected allegations of diverting funds through inter\u2011corporate deposits (ICDs) involving Reliance Infrastructure (R\u2011Infra) and an undisclosed entity, CLE Pvt Ltd. According to a SEBI\u2011based allegation disclosed via ED sources, R\u2011Infra is accused of moving approximately \u20b910,000 crore to group companies through CLE\u2014without declaring it as a related party\u2014through the guise of ICDs, equity investments and corporate guarantees. These transactions are alleged to span FY2013 to FY2023, with total exposure to CLE reported as Rs 8,302 crore by SEBI, and write\u2011offs reaching Rs 10,110 crore during FY2017\u201321.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,76,17],"tags":[],"class_list":["post-952095","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/952095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=952095"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/952095\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=952095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=952095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=952095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}