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Note to Reader: This is a courtesy translation of the Italian language version of this document. The Italian language version of this document is the operative document. Luxottica Group S.p.A. assumes... | May 31, 2022
As experts raise red flags on deal structure
BY THE OFFICE OF NATIONAL ANTI-CORRUPTION COMMISSION
Markets > Stock markets - India > SEBI Sebi imposes Rs25-cr penalty on Ambani brothers and others for takeover rules violation 08 April 2021 The Securities and Exchange Board of India (Sebi) on Wednesday imposed a penalty of Rs25 crore on Mukesh Ambani, Anil Ambani and other individuals as also various entities belonging to the Reliance Group, for non-compliance of takeover norms in a two-decade-old share issue in the company. The adjudicating officer (AO) of the Securities and Exchange Board of India (SEBI) imposed a joint penalty of Rs25 crore on Mukesh and Anil Ambani along with their fa...
Updated Apr 08, 2021 | 08:45 IST RIL's promoters and Persons Acting in Concert (PAC) failed to disclose the acquisition of more than 5 per cent stake in the company way back in 2000, Sebi said in its 85-page order. SEBI imposes fine of Rs 25 crore on Ambani brothers, others in 20 years-old case | Photo Credit: PTI Market regulator Securities & Exchange Board of India (SEBI) imposed a fine of Rs 25 crore on Ambanis and other individuals and entities for non complying with takeover rules in a Reliance Industries Ltd (RIL) case that dates back to 2000. Those ...