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Wed, Jul 10, 2013 at 17:31

| Source: Moneycontrol.com
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RIL entity moves SAT against Rs 11cr Sebi penalty 

Reliance  Petroinvestments Ltd, an RIL group entity, has approached Securities Appellate Tribunal (SAT) against Rs 11 crore penalty imposed by Sebi in an over six-year-old insider trading case. The appeal, which would be heard by the Tribunal here tomorrow, challenges a Sebi order passed on May 2 in an case of insider trading in the shares of IPCL, an erstwhile subsidiary of Reliance Industries Ltd (RIL). 

 

 

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