Reliance Petroleum
Ask about this →0 mentions · last seen 6/5/2026
Signals
SC overturns SAT order, frees Reliance Industries from ₹447 crore disgorgement in 2007 RPL case
Supreme Court set aside SAT's directive requiring RIL to disgorge ₹447.27 crore over alleged 2007 Reliance Petroleum share trading violations, ruling no fraud occurred under PFUTP regulations. The court ordered refund of ₹250 crore previously deposited in the investor protection fund, closing a 17-year regulatory overhang.
The Hindu BusinessLine · 5/29/2026, 11:02:36 AM
Supreme Court sets aside SEBI's ₹447 cr disgorgement order against Reliance in RPL derivatives case
Apex court overturned SEBI's 2007 Reliance Petroleum derivatives manipulation ruling, directing refund of ₹250 crore deposited in Investor Protection Fund. Closes a long-running enforcement chapter for Reliance Industries.
Mint · Companies · 5/29/2026, 6:56:46 AM