Price came down to Rs 2… Lower circuit in companies due to action on Anil Ambani
Last week, the Securities and Exchange Board of India (SEBI) took strict action against industrialist Anil Ambani. After which, shares of many companies associated with Anil Ambani are hitting lower circuits. In fact, on August 22, SEBI banned Anil Ambani and 24 others from the equity market for 5 years on charges of fund diversion.