Sebi Bans Anil Ambani, 24 Other Entities From Securities Market For 5 Years, Know Why

Sebi has imposed a penalty of Rs 25 crore on Anil Ambani and restrained him from being associated with the securities market including as a director or Key Managerial Personnel (KMP) in any listed company, or any intermediary registered with the market regulator, for a period of 5 years.