Reliance Industries gets partial relief from Supreme Court as it sets aside Rs 447 crore Sebi recovery ord
- Posted on May 29, 2026
- By Business News Today
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- 1 min read
Reliance Industries gets partial relief from Supreme Court as it sets aside Rs 447 crore Sebi recovery ord
In a landmark ruling, the Supreme Court has sided with Reliance Industries Ltd in a trading case that has spanned over 15 years. The court has annulled a substantial disgorgement order previously placed on the company, providing some relief. However, the Rs 25 crore fine levied by the Securities and Exchange Board of India (Sebi) stands firm.
