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The latest announcement is out from Reliance Communications Limited ( (IN:RCOM) ).
Reliance Communications Limited has announced that the Central Bureau of Investigation conducted a search operation at its office premises in Navi Mumbai on August 23, 2025. The search was related to alleged offenses under the Indian Penal Code and the Prevention of Corruption Act. Despite the investigation, the company stated that there is no expected impact on its financials or operations, as it is already under a corporate insolvency resolution process, which provides certain protections.
More about Reliance Communications Limited
Reliance Communications Limited operates in the telecommunications industry, providing a range of communication services. The company is currently undergoing a corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, with its affairs managed by a Resolution Professional.
Average Trading Volume: 1,617,918
Technical Sentiment Signal: Hold
Current Market Cap: 5.12B INR
Find detailed analytics on RCOM stock on TipRanks’ Stock Analysis page.