New Delhi, June 15 -- Reliance Group on Monday clarified that former Group Managing Directors Satish Seth and Gautam Doshi, who were recently arrested by the Enforcement Directorate (ED) in separate money laundering investigations under the Prevention of Money Laundering Act (PMLA), are no longer associated with the conglomerate.
In a media statement, a Reliance Group spokesperson said that Satish Seth, 70, had served as Group Managing Director and as a director on the boards of several companies before leaving the Group in 2025. The company further stated that Gautam Doshi, 73, who had also served as Group Managing Director and held directorial positions in several entities within and outside the Group, had exited the Group in 2020.
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