Fines of ₹ 25 crore and ₹ 15 crore have been imposed on Reliance Industries Ltd (RIL) and Mukesh Ambani, respectively. Regulator SEBI on Friday imposed sanctions on Reliance Industries Ltd, its president and CEO Mukesh Ambani, as well as two other entities for alleged manipulative trading of the shares …
Read More »RPL case: Sebi fines Reliance Industries, Mukesh Ambani and two other entities
On March 24, 2017, Sebi ordered RIL and some other entities to return more than Rs 447 million in the RPL case. In November 2020, the Securities Appeal Court (SAT) dismissed the company’s appeal against the order. Regulator Sebi on Friday imposed sanctions on Reliance Industries Ltd, its president and …
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