The Securities and Exchange Board of India (SEBI) has rejected settlement applications filed by Reliance Infrastructure Limited and its promoter Anil Ambani in a ₹6,526‑crore fund diversion case, setting the stage for full adjudicatory proceedings before the market regulator.
The Securities and Exchange Board of India (SEBI) has rejected settlement applications filed by Reliance Infrastructure Limited and its promoter Anil Ambani in a ₹6,526‑crore fund diversion case, setting the stage for full adjudicatory proceedings before the market regulator.
