Reliance Industries to challenge SEBI's one year ban
Reliance Industries has termed the Securities and Exchange Board of India's order in the Reliance Petroleum case as "unjustifiable sanctions", saying it would move the Securities Appellate Tribunal to challenge the order. Notably, SEBI imposed a one-year ban on Reliance Industries for tradingâ in equity derivatives futures and options over a decade-long unfair trading practices case.