New Delhi, Sept. 30 -- The Directorate of Enforcement (ED) is conducting a search operation in a case involving Reliance Infrastructure over alleged illegal overseas remittances, said a person aware of the development.

The searches are being conducted as part of investigations into alleged violations of the Foreign Exchange Management Act (FEMA). The operation covers six premises in Indore and Mumbai, the person said, on condition of anonymity.

FEMA governs cross-border transactions and how Indian individuals, companies, and banks can engage in foreign currency transactions, investments, and remittances with the rest of the world.

Reliance Infrastructure said in a press release that the ED survey under FEMA pertained to a matter dating...