SEBI has restricted Anil Dhirubhai Ambani from the capital market for five years.
SEBI levied a penalty of Rs 25 crore on Anil Ambani for diverting funds from Reliance Home Finance.
Anil Ambani won’t be able to take any key managerial roles in any of the listed companies.
SEBI levied a total penalty of Rs 6 lakh on Reliance Home Finance, banning it from the securities market for six months.
SEBI has asked the entities to pay the slapped penalty within 45 days of the receipt of the order.
The stock of Reliance Power hit the lower circuit as soon as the order was published.
Reliance Power shares have delivered an impressive return of over 99.31% in the last twelve months.
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