Anil Ambani weighing legal options after Sebi ban order

Anil Ambani is contemplating legal recourse following a five-year ban from the stock market and key managerial roles by Sebi due to accusations of fund mismanagement at Reliance Home Finance. The order includes a ₹25 crore fine, with Sebi’s investigation exposing complicated loan transactions. Ambani, who resigned from reliance’s boards earlier, might appeal the order. Reliance Power and Reliance Infrastructure are unaffected by this ban.