SAT Sets Aside SEBI Order Imposing Rs25 Crore on Ambani Family & Reliance Promoter Entities

Rapping Securities and Exchange Board of India (SEBI) for imposing an Rs25 crore penalty on the Ambani family and several promoter entities of Reliance Industries Ltd (RIL) without any authority of law, the Securities Appellate Tribunal (SAT) set aside an order passed by SEBI.

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