SEBI Bars Anil Ambani and 24 Entities from Securities Market for 5 Years over Fund Diversion Scandal

Last updated: 23 August 2024


In a landmark ruling, the SEBI has barred industrialist Anil Ambani and 24 other entities from participating in the securities market for five years. The action comes after SEBI uncovered a fraudulent scheme involving the diversion of funds from Reliance Home Finance Limited (RHFL). Anil Ambani, al

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