Rs 20000000000 deal… who is unknown hero behind Anil Ambani's decreasing debt and increasing business, know inside story
Anil Ambani was going through the toughest periods of his life for many years. He was engaged in a legal battle in London over a Rs 5,000 crore debt owed to Chinese banks. During court proceedings, Ambani declared himself bankrupt, claiming he didn't have the funds to hire a lawyer and his household expenses were being borned by his wife and sons.
In 2025 he has turned the table. Now Anil Ambani's debts are reducing, and his companies are securing new contracts like a Rs 2,000 crore solar project in Bhutan.
Reliance Defence and Germany-based Rheinmetall have agreed on a 'strategic partnership' in the field of ammunition. In order to support this collaboration, Reliance Defence Limited will set up a greenfield manufacturing facility in the Watad Industrial Area of Ratnagiri, Maharashtra. Who Is Behind Anil Ambani's Comeback?
Anil Ambani's sons, Jai Anmol Ambani and Jai Anshul Ambani are behind his revival. Both sons stepped in business during challenging times and brought many changes to tackle the group's financial health.
Jai Anmol and Jai Anshul Ambani have focused on executing the Reliance Group's Vision 2030 growth strategy. They implemented fundraising plans for core business like Reliance Infrastructure and Reliance Power.
They raised Rs 4,500 crore through preferential equity issuance. Also secured Rs 7,100 crore via foreign currency convertible bonds in collaboration with Värde Partners. They also generated Rs 6,000 crore through qualified institutional placements (QIPs).
These initiatives boosted investor confidence and resulted in a surge in the group's stock prices. Jai Anmol Ambani
Jai Anmol Ambani has taken charge of Reliance Capital and led it as an additional director since 2016. Under his leadership, the retail business has expanded and the group's shares saw a 40% rise in value.
The Ambanis have already started reducing debts. On January 1, 2025, one of Anil Ambani's companies announced the repayment of a Rs 1,286 crore loan. The family has increased the group's net worth to Rs 2000 crore.
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