SEBI bans Anil Ambani & 24 other entities from securities market for 5 years; imposes Rs 25 crore penalty on Ambani – Times of India
The Securities and Exchange Board of India (Sebi) has taken action against Anil Ambani and 24 other entities, including former key officials of Reliance Home Finance (RHFL), for their involvement in the diversion of funds from the company. Ambani has been barred from the securities market for five years and fined Rs 25 crore, according…