Business

Reliance Industries Fined By SEBI For Late Disclosure Of Jio-Facebook Deal

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(Bloomberg) — India’s market regulator imposed a combined penalty of 3 million rupees ($38,444) on Reliance Industries Ltd. and two company officials for failing to disclose information promptly about stake sale in one of its units to Meta Platforms Inc., Silver Lake Partners and Vista Equity Partners in 2020.



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