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SEBI imposes 5-year ban on Anil Ambani, 24 others from participating in securities market

SEBI imposes 5-year ban on Anil Ambani, 24 others from participating in securities market

Aug 23, 2024, at 08:01 pm

Mumbai/IBNS: The Securities and Exchange Board of India (SEBI) — the regulatory body for securities and commodity market in the country — has imposed a five-year ban on industrialist and Reliance Group's managing director (MD) Anil Ambani and 24 other parties, including former senior executives of Reliance Home Finance, from participating in the securities market.