Reliance Group has strongly condemned a proposed press conference by Cobrapost — a now-defunct online platform — calling it a malicious campaign aimed at tarnishing the reputation of Reliance Infrastructure Reliance Power, Group Chairman Anil D. Ambani, and its over 55 lakh shareholders.

In response to media queries, the Group stated that certain corporate rivals, acting through intermediaries and associated entities, appear to be orchestrating a deliberate campaign of misinformation and defamation. The company alleged that the move is designed to create confusion, erode investor confidence, and manipulate market sentiment for vested commercial interests.

Reliance Group clarified that Cobrapost’s so-called “exposé” merely recycles old, publicly available information, misrepresented and taken out of context. These matters, it said, have already been reviewed by statutory authorities such as the CBI, ED, and SEBI, and many are currently sub judice before competent judicial forums. The Group warned that any public commentary on these cases may amount to contempt of court and interference with the judicial process.

The Group also raised concerns about alleged coercive tactics by individuals linked to Cobrapost, describing their conduct as unethical and potentially unlawful. It claimed that attempts were made to “settle” matters informally, which the Group views as blackmail and intimidation under the guise of journalism.

The Reliance Group reiterated its commitment to protecting the interests of shareholders and maintaining corporate integrity. It said it will pursue all appropriate legal remedies, including defamation and contempt proceedings, to counter such malicious actions.