[ad_1]
Reliance Communications has paid a fine for alleged non-cooperation. (Representation)
The Indian Securities and Exchange Council said Friday that Reliance Communications (RCOM) had settled the problem in front of the regulator by paying 62.40 lakh for its alleged non-cooperation with Rating Agencies and the Debenture
"Reliance Communications Limited has filed a suo motorcycle application under the Civil Procedure Rules 2014 and SEBI proposing to settle the dispute through a settlement order," said SEBI in a statement.
SEBI stated that, at its September meeting, the High-Power Vehicle Advisory Committee reviewed the terms of the proposed regulation and recommended that the matter be settled with the payment.
[ad_2]
Source link
