Jai Anmol Ambani
Sebi imposes Rs 1 cr fine on Anmol Ambani in Reliance Home Finance case
Markets regulator Sebi on Monday imposed a penalty of Rs 1 crore on Anmol Ambani, son of industrialist Anil Ambani, for his failure to exercise due diligence while approving general-purpose corporate loans in Reliance Home Finance matter. Additionally, the regulator levied a fine of Rs 15 lakh on Krishnan Gopalakrishnan, who was the Chief Risk Officer of Reliance Housing Finance. Both have been directed to pay the amount within 45 days, the Securities and Exchange Board of India (Sebi) said in its order. The order came after Sebi, in August, barred Anil Ambani and 24 others from the securities market for five years in a case pertaining to diversion of Reliance Home Finance Ltd's funds. Also, a fine of Rs 25 crore was levied on him. In its order on Monday, Sebi noted that Anmol Ambani, who was on the board of Reliance Home Finance, had approved general-purpose corporate loans or GPCL loans, and that too after the company's board of directors had given clear direction not to go ahead
 "Sebi imposes Rs 1 cr fine on Anmol Ambani in Reliance Home Finance case")
Jai Anmol Ambani: Bearing the burden of legacy
The new director of Reliance Capital has big shoes to fill in every way, but he is taking an understated approach to the challenge
 "Jai Anmol Ambani: Bearing the burden of legacy")
Anil Ambani's son, Jai Anmol, joins Reliance Capital board
He would move in as an additional director after a two year stint in the finance company
 "Anil Ambani's son, Jai Anmol, joins Reliance Capital board")
