 "Sebi's reliance order: Key dates and numbers")
Reliance Industries (RIL) was down 1.6% to Rs 1,266 on BSE in early morning trade after the market regulator the Securities and Exchange Board of India (Sebi) on Friday directed the company to disgorge Rs 447.27 crore, made “unlawfully” by dealing in shares of its erstwhile subsidiary, Reliance Petroleum (RPL).
The markets regulator also barred RIL from the futures and options (F&O) segment for a year and asked it to settle all existing open positions. It will also have to pay 12% interest on the disgorgement amount since November 29, 2007. CLICK HERE TO READ FULL REPORT.
The markets regulator also barred RIL from the futures and options (F&O) segment for a year and asked it to settle all existing open positions. It will also have to pay 12% interest on the disgorgement amount since November 29, 2007. CLICK HERE TO READ FULL REPORT.
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