Why Sebi banned Anil Ambani from the securities market for 5 years?
Anil Ambani: The Securities and Exchange Board of India (Sebi) has banned Anil Ambani and 24 related entities from the securities market for five years due to fund diversion at Reliance Home Finance. Ambani faces a Rs 25 crore fine, while Reliance Home Finance faces a six-month ban and Rs 6 lakh penalty.
