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Anil Ambani reviewing Sebi order, to take appropriate steps as legally advised
Anil Ambani is reviewing a Sebi order that banned him for five years from the securities market and imposed a Rs 25 crore penalty. The order concerns alleged fund diversion from Reliance Home Finance. Ambani had earlier resigned from boards of Reliance Infrastructure Ltd and Reliance Power Ltd. Both companies clarified that the ruling does not impact their operations.
Anil Ambani is reviewing a Sebi order that banned him for five years from the securities market and imposed a Rs 25 crore penalty. The order concerns alleged fund diversion from Reliance Home Finance. Ambani had earlier resigned from boards of Reliance Infrastructure Ltd and Reliance Power Ltd. Both companies clarified that the ruling does not impact their operations. 
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