A day after the Securities and Exchange Board of India (Sebi) barred ADA Group chairman Anil Ambani and other key directors from investing in listed securities, the younger Ambani brother on Sunday clarified that the Sebi consent order will not have any kind of financial implications on the company’s growth prospects.

“The full financial flexibility of the group is protected and there are no restrictions that could impact the growth of group companies,” he said, adding that the group has strengthened their internal systems and process to avoid such future instances.

In a bid to calm market sentiments following the regulatory order, Anil Ambani also said the group companies are allowed to raise funds through primary market issuances, can subscribe to rights and preferential issues and are free to participate in any mergers and acquisitions (MA) if required. “The restrictions are only for investing in listed stocks. But if we want…