RPL case: Sebi fines Reliance Industries, Mukesh Ambani, two other entities

SEBI fines RIL, Ambani, 2 other entities SEBI imposed penalties on Reliance Industries Limited (RIL), its CMD Mukesh Ambani and two other entities for alleged manipulative trading in the shares of Reliance Petroleum Limited (RPL) in 2007. Fines of Rs. 250000000 and Rs. 150000000 have been imposed on RIL and Mr. Ambani, respectively. Navi Mumbai SEZ Private Limited has been asked to pay a penalty of Rs. 200000000 and Mumbai SEZ Limited , Rs. 100000000.PTI