Tribunal Quashes SEBI's Order Against Mukesh Ambani, 2 Others

Tuesday, 5 December 2023Newsdesk
 Tribunal Quashes SEBI's Order Against Mukesh Ambani, 2 Others
The ruling has come after all the entities appealed before the tribunal against the order passed by the Securities and Exchange Board of India (SEBI) in January 2021.

New Delhi 05 December 2023

As per news report of NDTV,The Securities Appellate Tribunal (SAT) on Monday set aside the penalty imposed by Sebi on Reliance Industries Ltd's Chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd (RPL) back in November 2007.

Source - NDTV

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