SEBI Warns Anil Ambani of Asset Seizure Over Rs 26 Crore Notice

Arundhati Nautiyal

Anil Ambani is constantly facing difficulties, after Reliance Power, now another Reliance company has received a notice

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After Reliance Power, SEBI has sent a notice to Anil Ambani's Reliance Big Entertainment

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SEBI has sent a demand notice of Rs 26 crore to Anil Ambani's Reliance Big Entertainment

Market regulator SEBI has sent a notice to Reliance Big Entertainment in the Reliance Home Finance Limited fund manipulation case

SEBI had earlier imposed a penalty on Reliance Big Entertainment, which was not able to pay it, due to which a demand notice has been sent to them

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SEBI warned that if the company did not make the payment within 15 days after the notice, the bank accounts and other assets would be confiscated

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Sebi, in the demand notice, has directed to pay Rs 26 crore, including interest and recovery costs, within 15 days

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SEBI banned Anil Ambani and 24 others from the securities market for 5 years in the RHFL money laundering case

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