"I find that the news pertaining JIO Facebook deal came out on March 24 and 25, 2020, and the information to the stock exchanges about the media release titled "Facebook to invest Rs 43,574 crore in Jio Platforms for a 9.99 per cent stake" was made on April 22, 2020, i.e. after 28 days and this calls for an appropriate penalty," Sebi Adjudicating Officer Barnali Mukherjee said in an order.
from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/BUJV9Xm
Monday, June 20, 2022
Sebi slaps Rs 30 lakh fine on Reliance, 2 others for not promptly disclosing Jio-FB deal
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