RIL gets a Sebi show-cause notice on ‘fair disclosure’
Mumbai: The Securities and Exchange Board of India (Sebi) has issued a show-cause notice to Reliance Industries on December 22 for alleged violation of ‘Principles for fair disclosure’ while handling unpublished price sensitive information (UPSI), according to a disclosure by Data Infrastructure Trust – a joint venture between Reliance and private equity company Brookfield – in its offer document filed with the regulator last week seeking approval for floating an Infrastructure investment trust (InvIT).
