7. SEBI has barred Anil Ambani, chairman of Anil Dhirubhai Group, (ADAG) and four of its directors from investing in the markets up until December 2011 for insider trading and has also asked Anil Dhirubhai Ambani (ADA) group companies Reliance Infrastructure (RelInfra) and Reliance Natural Resources (RNRL), which has been merged with Reliance Power (RelPower), not to invest in the secondary markets other than mutual funds until December 2012. SEBI has also added however that the directives are not applicable to primary issuance, buybacks and open offers. Anil Ambani and his group companies RelInfra and RNRL settled the case with SEBI by paying a settlement amount of Rs. 50 crores.