SEBI imposes 25 Crores penalty on Ambanis
Mumbai, 8/4: In a major development, the Securities and Exchange Board of India has imposed a penalty of Rupees 25 Crores on prominent members of the Reliance family Mukesh Ambani, Anil Ambani, Nita Ambani, Tina Ambani, and few other individuals. The penalty has been imposed for violations of the provisions of Regulation 11(1) of the…
