SEBI bans Reliance Home Finance, Anil Ambani and three others from the market

Markets regulator Securities and Exchange Board of India (SEBI) has banned Reliance Home Finance Ltd, industrialist Anil Ambani and three others from the securities market for alleged fraudulent activities related to the company.

The three other persons are Amit Bapna, Ravindra Sudhakar and Pinkesh R Shah.

The regulator, in its interim order, said, “Entities are prohibited from associating themselves with any intermediary registered with SEBI, any listed public company or the acting directors/promoters of any public company which seeks to raise capital.” Intend.” This restriction is till further orders.