SEBI Bans Anil Ambani

SEBI has banned Anil Ambani and 24 others from the securities market for 5 years and fined him ₹25 crore for diverting funds from Reliance Home Finance (RHFL). Ambani is also prohibited from holding key roles in listed companies. RHFL faces a six-month ban and a ₹6 lakh fine.