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
|