Anil Ambani's son Jai Anmol Ambani slapped with ₹1 crore fine by Sebi in Reliance Home Finance case
Sep 24, 2024 8:29 AM IST
Jai Anmol Ambani faced a ₹1 crore penalty from Sebi for alleged irregularities in Reliance Home Finance, including approving ₹40 crore in unsecured loans.
The Securities and Exchange Board of India fined Jai Anmol Ambani <span class='webrupee'>₹</span>1 crore for irregularities in Reliance Home Finance, alleging he approved <span class='webrupee'>₹</span>40 crore in unsecured loans. Sebi asserted he misrepresented his involvement in the company’s operations.
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