SEBI Takes Action: Reliance Home Finance Under Scrutiny

The Securities and Exchange Board of India (SEBI) has issued demand notices to Reliance Home Finance and its promoters over allegations of fund diversion. This move comes as part of an investigation into how the company managed its finances. SEBI aims to ensure transparency and protect investors, highlighting the importance of proper fund usage in the financial sector. The situation is developing, and further updates are expected soon.