Anil Ambani Steps Down As Director Of RPower, RInfra

Industrialist Anil Ambani, Chairman of Anil Dhirubhai Ambani Group (ADAG), resigned as the Director of Reliance Power and Reliance Infrastructure, on March 25. Earlier, the Securities and Exchange Board of India (SEBI) had barred Anil Ambani from joining any listed company in the stock exchanges. Notably, the market regulator had also banned the industrialist and three others from the securities market for withdrawing money, in February 2022.