Shares of Reliance Industries may remain in focus on reports that the Securities Appellate Tribunal is likely to hear its appeal on May 3 against a SEBI order. SEBI had banned the Mukesh Ambani-led firm from equity derivatives trading for one year and had asked it to disgorge nearly ₹1,000 crore. The 10-year-old case relates to alleged fraudulent trading in F&O in the securities of RIL’s erstwhile listed subsidiary Reliance Petroleum.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.