“Sebi has imposed a five-year ban on Anil Ambani and 24 others from the securities market due to funds diversion.”
“The market regulator sebi has slapped a ₹25 crore fine on Ambani and barred him from serving as a director or key managerial personnel (KMP) in any listed company, its associate firms, or any Sebi-registered entity for the next five years.” The Securities and Exchange Board of India (Sebi) has banned Anil D. Ambani and…