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RBI issues compounding order against Apothecon Pharmaceuticals in FEMA case; ED closes probe

in5points
  1. RBI issued a compounding order against Apothecon Pharmaceuticals in a FEMA case.

  2. The compounding order was issued on July 6, 2026.

  3. ED granted a no-objection certificate (NOC) for the settlement.

  4. The case is being settled under FEMA provisions.

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Who owns this?

Mukesh Ambani

Network18

Reliance Industries (Mukesh Ambani)

Wikipedia: Mukesh Ambani