SEBI bans Anil Ambani & 24 other entities from securities market for 5 years; imposes Rs 25 crore penalty on Ambani

Sebi has penalized Anil Ambani and 24 entities, including former Reliance Home Finance officials, for diverting company funds. Ambani has been banned from the securities market for five years and fined Rs 25 crore.

Aug 23, 2024 - 12:30
SEBI bans Anil Ambani & 24 other entities from securities market for 5 years; imposes Rs 25 crore penalty on Ambani

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Sebi has penalized Anil Ambani and 24 entities, including former Reliance Home Finance officials, for diverting company funds. Ambani has been banned from the securities market for five years and fined Rs 25 crore.
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