'Like Future Group, Kingfisher..': Shriram Subramanian's Take On SEBI’s Ban On Anil Ambani

SEBI has barred industrialist Anil Ambani and 27 other entities from capital markets and imposed a ₹25 crore fine due to financial misconduct involving Reliance Home Finance. The regulator's investigation revealed significant fund siphoning and governance lapses leading to the company's insolvency. The action follows extensive forensic audits and highlights severe financial mismanagement and related party transactions. Shriram Subramanian breaks down the case and if a follow up action on the ADAG Group is expected.
#sebi #anilambani #reliance
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