Sebi issues Rs 26 crore demand notice to Reliance Big Entertainment
India's market regulator, Sebi, has ordered Big Entertainment to pay a Rs 26 crore fine for failing to settle previous penalties related to illegal fund diversion. The company has 15 days to comply or face asset seizure. This action follows a broader Sebi investigation into Reliance Home Finance Limited, which resulted in a five-year market ban for industrialist Anil Ambani and others.
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India's market regulator, Sebi, has ordered Big Entertainment to pay a Rs 26 crore fine for failing to settle previous penalties related to illegal fund diversion. The company has 15 days to comply or face asset seizure. This action follows a broader Sebi investigation into Reliance Home Finance Limited, which resulted in a five-year market ban for industrialist Anil Ambani and others. 
