Home Business SEBI Bars Reliance Home Finance, Anil Ambani, 3 Others From Securities Market

SEBI Bars Reliance Home Finance, Anil Ambani, 3 Others From Securities Market

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New Delhi: Sebi on Friday restrained Reliance Residence Finance Ltd, industrialist Anil Ambani and three different people from the securities marketplace for alleged fraudulent actions associated to the corporate.

The three different people are Amit Bapna, Ravindra Sudhakar and Pinkesh R Shah.

In a 100-page interim order, the regulator additionally restrained the people from “associating themselves with any middleman registered with Sebi, any listed public firm or performing administrators/ promoters of any public firm which intends to boost cash from the general public until additional orders.”

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