Anil Ambani Faces SEBI Ban and ₹25 Crore Fine Amid Fund Misappropriation Allegations

Anil Ambani Faces SEBI Ban

The Securities and Exchange Board of India (SEBI) has imposed a five-year ban on prominent industrialist Anil Ambani, preventing him from engaging in any stock market activities. On Friday, SEBI also announced restrictions on 24 other entities, including former key officials of Reliance Home Finance Limited (RHFL). These actions were taken in light of allegations … Read more

SEBI fines Mukesh Ambani, Anil Ambani, others Rs 25 crore on RIL shareholding irregularities

SEBI fines Mukesh Ambani

SEBI fines Mukesh Ambani, Anil Ambani, others Rs 25 crore on RIL shareholding irregularities Securities and Exchange Board of India (SEBI) has imposed a fine of Rs 25 crore on Mukesh Ambani, Anil Ambani, Nita Ambani, Tina Ambani, Kokilaben Ambani, Reliance Industries Holding, Reliance Realty and others. The fine has to be paid jointly, SEBI … Read more