Anil Ambani challenges Sebi's ₹625 crore penalty order
Business Standard|October 15, 2024
Anil Ambani, chairman of the Reliance Group, has filed a plea in the Securities Appellate Tribunal (SAT) against an order by the Securities and Exchange Board of India (Sebi) on Reliance Home Finance (RHFL), imposing a total penalty of ₹625 crore on 26 individuals.
KHUSHBOO TIWARI
Anil Ambani challenges Sebi's ₹625 crore penalty order

The penalty imposed on Ambani was ₹25 crore, while he was also debarred from the market for five years. In an order dated August 22, Sebi had alleged siphoning off of money from RHFL by doling out loans to borrowers linked with the promoters.

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Bu hikaye Business Standard dergisinin October 15, 2024 sayısından alınmıştır.

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