Anil Ambani Group: seeking action against brokers

Reliance ADA Group said on Friday it had identified stock brokers sending 'baseless sensational charges' against the group through emails, text messages and voice calls and was seeking regulatory investigation against them.

February 11, 2011 / 12:21 IST

Reliance ADA Group said on Friday it had identified stock brokers sending 'baseless sensational charges' against the group through emails, text messages and voice calls and was seeking regulatory investigation against them.

The group did not name any of the brokers but said in a statement it was seeking "punitive interim orders" against them.

Shares in the companies of the group led by billionaire Anil Ambani fell sharply on Friday morning, for the second time this week.

first published: Feb 11, 2011 12:18 pm

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