ADAG stocks, Dec. 10 -- Shares of Anil Ambani group companies (ADAG) traded up to 5% lower on Wednesday, December 10, after a fresh case was filed by the Central Bureau of Investigation (CBI) on Reliance Home Finance and Reliance Commercial Finance following complaints by two public sector banks as part of the ongoing probe, according to several media reports.

The cases include an alleged fraud by Reliance Home Finance involving Rs.228 crore (about $25.4 million) on a complaint by Union Bank of India and another against Reliance Commercial Finance involving Rs.57.47 crore on a complaint by Bank of Maharashtra, the CBI said.

These companies were owned by the Anil Ambani-led Reliance group until fiscal year 2023 (FY23) and were then acqui...