Anil Ambani
Chairman, Reliance ADAG- Reliance Communications
- Reliance Capital
- Reliance Infrastructure
- Reliance Power
- Reliance Defence and Engineering Limited
- Reliance Defence Limited
- Reliance Defence Technologies Private Limited
Anil Ambani's Journey So Far ...
- Joined Reliance Industries in 1983 as Co-Chief Executive Officer
- Pioneered India’s movement into overseas capital markets with international public offerings of global depository receipts, convertibles and bonds
- After a much-publicised family feud that made headlines for years, Reliance Industries was split between him and his brother Mukesh in 2005 following their father Dhirubhai Ambani’s death
- In 2006, the Reliance Group was formed and in less than ten years became a market leader in several growth sectors including telecommunications, generation, transmission and distribution of renewable and non-renewable sources of power, national road highways, metro rail systems, cement, financial services, education, healthcare, media and entertainment
- With a net worth of $45 billion, he became one of the richest persons in India in 2007 according to the Forbes Rich List
- In 2008, Reliance Power’s IPO became India’s largest of the time which was subscribed in less than a minute
- His businesses had a market capitalization of Rs 1,65,917 crore in January 2008
- Losing a huge chunk of his fortune in the recession of the late 2000s, his net worth dropped to $13.7 billion by 2010 as per Forbes’
- He lost his billionaire tag in 2019
- By June 2019, Reliance Group’s market capitalization stood at Rs 6,196 crore
Before you go ...
- Anil Ambani is a fitness enthusiast and also a seasoned long-distance marathon runner, with over 50 half and full marathons to his credit.
- His other interests include nature, wildlife conservation and spiritualism.
Anil Ambani News
The National Company Law Appellate Tribunal (NCLAT) has suspended the National Company Law Tribunal’s (NCLT) order from May 30, 2025, which had initiated the Corporate Insolvency Resolution Process (CIRP) for Reliance Infrastructure. Following this suspension, shares of the Anil Ambani-owned company surged, trading at Rs 378.35 apiece on the BSE, marking a 10.64 per cent increase.
The NCLT's Mumbai bench has initiated insolvency proceedings against Reliance Infrastructure following a petition by IDBI Trusteeship Services over unpaid dues exceeding Rs 88 crore. Tehseen Fatima Khatri has been appointed as the interim resolution professional. Reliance Infrastructure claims full payment has been made and intends to appeal the order, deeming it infructuous.
Reliance Power shares have surged 22.2% in the last six trading sessions, driven by strong Q4 FY25 results showing a net profit of Rs 126 crore compared to the previous year's loss. Technical indicators, including a 'buy' signal on the Supertrend indicator, have further boosted investor sentiment. The stock has delivered impressive 91.7% returns over the past year.
Reliance Infrastructure Ltd, led by Anil Ambani, has achieved debt-free status on a standalone basis by FY25, eliminating bank and financial institution loans. The company reported a consolidated profit of Rs 4,387 crore in Q4 FY25, with adjusted EBITDA soaring by 681%. Operational improvements include reduced transmission losses in Delhi and increased ridership on Mumbai Metro Line 1.
Reliance NU Suntech and Solar Energy Corporation of India have signed a power purchase agreement. This agreement is for a large solar power project with battery storage. The project will supply 930 MW of solar power. It includes a 465 MW battery energy storage system. This is Asia's largest project of its kind.
The Bombay High Court imposed a Rs 25,000 cost on Anil Ambani for seeking an urgent hearing of his petition against an Income Tax department notice, deeming it an 'artificial urgency'. The court's division bench observed that such urgency cannot be created for challenging a show cause notice.
Reliance Capital’s lenders withdrew their petition against IndusInd International Holdings Ltd (IIHL) after successful execution of a resolution plan. IIHL transferred the required payment amounts, leading to the National Company Law Appellate Tribunal (NCLAT) allowing the withdrawal request. IIHL officially took control of Reliance Capital, completing the resolution process and settling payments with the firm's lenders.
The Bombay High Court raised concerns over the arbitrary process by banks declaring loan accounts as fraudulent without following proper RBI guidelines. Industrialist Anil Ambani was advised to lodge a complaint with the RBI after the Union Bank of India tagged his account as fraud without a prior hearing.
The Bombay High Court criticized banks for the careless manner in which they declare accounts as 'fraud' or 'defaulter'. It advised Anil Ambani to approach the RBI against such an order by Union Bank of India, highlighting the need for strict adherence to RBI guidelines.
Adani Power’s stock has fallen 12.26% over the past year and 24.32% in the last six months. However, the shares have bounced back with a 14.36% increase in the last three months and a 3.72% gain over the past week.
