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CBI raids 17 Mumbai premises tied to Anil Ambani-led Reliance Group
The CBI conducted searches at 17 premises in Mumbai in connection with three cases against Reliance ADA Group companies. Warrants were issued on May 8, and incriminating documents were seized. Earlier, two Reliance Communications executives were arrested, and the agency had registered multiple cases against the group.
Why It Matters
The raids form part of ongoing investigations into alleged fraud involving the Reliance Group and major public lenders, with potential implications for corporate governance and banking oversight in India.
Timeline
5 Events
CBI raids 17 Mumbai premises; residential and intermediary addresses searched
May 9, 2026
The CBI conducted searches at 17 premises in Mumbai in connection with three cases against Reliance Telecom Ltd, Reliance Commercial Finance Ltd, Reliance Home Finance Ltd and their Directors. Searches covered residential premises of directors and office premises of intermediary companies used for diversion of bank funds; incriminating documents were seized; investigation ongoing.
Search warrants dated May 8 issued for 17 premises
May 8, 2026
Search Warrants dated May 8, 2026, were issued by the Special Judge for CBI cases, Mumbai, enabling searches at 17 premises linked to Reliance ADA Group companies.
Arrests of Reliance Group executives
April 20, 2026
D. Vishwanath, Joint President of Reliance Communications, and Anil Kalya, Vice President, were arrested in connection with cases involving the Anil Ambani-led Reliance Group and are in judicial custody. The investigation is being monitored by the Supreme Court.
CBI had earlier conducted searches at 14 locations
April 2026
The CBI had earlier conducted searches at 14 locations in the last few months, immediately after registration of these cases.
Seven Reliance Group cases; total alleged loss Rs 27,337 crore
April 2026
The CBI has registered seven cases against the Anil Ambani-led Reliance Group over the past few months, based on complaints from public sector banks and LIC, with total alleged loss of Rs 27,337 crore.