Overview

• Anil Ambani fined Rs 25 crore and prohibited from holding any market-related positions for five years.
• Reliance Home Finance Ltd and 24 other entities also face penalties and market bans.
• SEBI uncovered a scheme involving loans to credit-unworthy borrowers linked to Ambani.
• The fraudulent activities led to significant financial losses for public shareholders.
• Reliance Home Finance's share price plummeted from Rs 59.60 to Rs 0.75 over two years.