Reliance Power asks Sebi to immediately ban Edelweiss Group from capital markets
Reliance Group, last week, accused L&T Finance and Edelweiss Group entities of "illegal" and "motivated" actions in invoking the pledged shares of Anil Ambani group's three listed firms and selling them in open market causing a steep fall in share values.
L&T Finance and Edelweiss Group have refuted the allegations and have counter-alleged that Reliance Group failed to make timely payments, which they said necessitated sale of pledged shares.
Published Date: Feb 12th, 2019 06:11 PM | Updated Date: Feb 12, 2019 06:11 PM IST
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