Sebi has imposed a penalty of Rs 25 crore on industrialist Anil Ambani and restrained him from being associated with the securities market including as a director or Key Managerial Personnel (KMP) in any listed company, or any intermediary registered with the market regulator, for a period of 5 years

The wedding function, held at the Reliance Corporate Park, was attended by nearly 800 people, including family members of the couples