Search
      Channels
  News
  Home Loans
  Commercial Loans
  Insurance
  Credit Cards
  Calculators
  NRI Center
     Investment
  Mutual Funds
  Stock Research
  Market Tools
  Special Reports
  Fund Focus
  Company Focus
  Sector Focus
  Interviews
     Services
  Greetings
  Message Board
Partners
Home -> Finance -> Full Story

Anil writes to SEBI, stock exchanges on IPCL issue
Tuesday, April 26 2005 14:09 Hrs (IST) - World Time -

New Delhi: Anil Ambani has asked market regulator Security and Exchange Board of India (SEBI) and stock exchange authorities to look into the IPCL issue.

Spotlight: Battle of Ambanis -- Will they stick or split?

In the continuing drama over his resignation from Reliance Group petrochemical company Indian Petrochemcial Company Ltd (IPCL), Anil Ambani has asked SEBI and stock exchange authorities to look into the issue as well as adherence to all relevant laws.

Reliance Industries Vice-Chairman and Managing Director Anil Ambani, engaged in a battle with elder brother Mukesh over the control of Reliance Empire, wrote to SEBI, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) last evening (Apr 25, 2005).

Discuss this topic

His letter coincided with IPCL's public statement that the younger Ambani ceased to be a director from January 20.

PTI



Related Stories
Anil's resignation was effective from Jan 20: IPCL