India News | Sebi Bars Reliance Home Finance, Anil Ambani, 3 Others from Securities Market
Get latest articles and stories on India at LatestLY. Sebi on Friday restrained Reliance Home Finance Ltd, industrialist Anil Ambani and three other individuals from the securities market for alleged fraudulent activities related to the company.
New Delhi, Feb 11 (PTI) Sebi on Friday restrained Reliance Home Finance Ltd, industrialist Anil Ambani and three other individuals from the securities market for alleged fraudulent activities related to the company.
The three other individuals are Amit Bapna, Ravindra Sudhakar and Pinkesh R Shah.
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In a 100-page interim order, the regulator also restrained the individuals from "associating themselves with any intermediary registered with Sebi, any listed public company or acting directors/ promoters of any public company which intends to raise money from the public till further orders."
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)