SEBI, the regulatory authority for the stock market, has taken significant action against industrialist Anil Ambani amid serious allegations against SEBI chief Madhavi Puri Buch. SEBI has banned Ambani from trading in the stock market for five years due to fund misappropriation and imposed a fine of ₹25 crore. Additionally, he is barred from serving as a director in any listed company. SEBI also imposed bans and fines on 24 other entities, including former officials of Reliance Home Finance. In India news in Hindi, the investigation revealed that Ambani, with the help of Reliance Home Finance officials, misused funds, falsely showing them as loans. SEBI's 222-page final order emphasized that while Reliance Home Finance is not equally responsible, significant fines have been imposed on involved individuals and companies. Following SEBI's action, shares of Anil Ambani's companies experienced a sharp decline.