Reliance Power, Reliance Infra shares fall up to 5% even as Anil Ambani distances himself from Rs 2,929 crore fraud probe

Reliance Power and Reliance Infrastructure shares fell after the CBI searched Anil Ambani’s home in a ₹2,929 crore Reliance Communications fraud case. Both firms said the probe has no impact on their operations, while Ambani denied the allegations, noting the transactions date back over a decade when he was a non-executive director.