https://www.taxtmi.com/news?id=63398 The regulator found that press reports in March-April 2020 about a proposed investment in Jio Platforms were not met with prompt confirmation or denial until a stock-exchange disclosure on April 22, 2020, and that Reliance Industries and two compliance officers thereby breached the duty to disseminate selectively disclosed unpublished price sensitive information under Principle 4 of Schedule A and the Listing Obligations and Disclosure Requirements, resulting in a combined Rs 30 lakh penalty which the appellate tribunal and the Supreme Court did not disturb. en-us Tue, 02 Dec 2025 19:01:03 +0530 Tue, 02 Dec 2025 19:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63398 The regulator found that press reports in March-April 2020 about a proposed investment in Jio Platforms were not met with prompt confirmation or denial until a stock-exchange disclosure on April 22, 2020, and that Reliance Industries and two compliance officers thereby breached the duty to disseminate selectively disclosed unpublished price sensitive information under Principle 4 of Schedule A and the Listing Obligations and Disclosure Requirements, resulting in a combined Rs 30 lakh penalty which the appellate tribunal and the Supreme Court did not disturb. News - Tue, 02 Dec 2025 19:01:03 +0530 https://www.taxtmi.com/news?id=63398