ADAG stocks take a hit after Sebi consent order
Is the consent order, like a penalty? That's the debate Anil Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group, has sparked, after his companies signed a consent order that fined them Rs. 50 crore, and restrictions laid on accessing secondary markets. Shares of Anil Ambani group companies tumbled by up to 8.45 per cent on BSE on the first day of trading following the order.
