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RIL Subsidiary Reliance Strategic Investments Held Guilty of Box Trade Activities; SEBI Imposes Rs7 Lakh Penalty

Market regulator Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs7 lakh on Reliance Strategic Investments Ltd, a subsidiary of Reliance Industries Ltd (RIL), for indulging in box trade activities in long-dated Nifty options expiring on 28 December 2017. ....

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