SEBI Bans Anil Ambani from Securities Market for 5 Years, Fines ₹25 Crore

krishna s
23 Aug 2024 , 1:40 PM
Mahashtra
148

SEBI has banned industrialist Anil Ambani and 24 other entities, including former officials of Reliance Home Finance, from participating in the securities market for five years due to allegations of fund diversion. In addition, SEBI has imposed a ₹25 crore fine on Anil Ambani. This action is part of SEBI's efforts to enforce market regulations and accountability.

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SEBI Bans Anil Ambani from Securities Market for 5 Years, Fines ₹25 Crore

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