Sebi slaps Rs 0
时间:2024-06-29 04:09:54 阅读(143)
Sebi on Wednesday levied fines amounting to Rs 800,000 on eight individuals for violating insider trading norms in the shares of Titan. In eight separate orders, the regulator slapped fines of Rs 1 lakh each on Raghuraman Rangharajan, Ajay Singh, R Saravanan, Nagaraja Ravichandran, Shyamsunder Rambhau Bedre, Krishan Sharma, Subramaniankannan and YS Manjunath.
Titan had written to the regulator about contravention of Sebi norms and company’s code of conduct for prevention of insider trading by some of its employees. This prompted the regulator to conduct an investigation into the scrip. It observed several non-compliances of insider trading norms between April 2018 and March 2019.
Separately, the regulator imposed penalties totalling Rs 2 million on four entities for indulging in fraudulent practices related to the preferential allotment of Esaar India shares. A fine of Rs 500,000 each was imposed on Giriraj Kishore Agarwal, Tanu Agarwal, Saloni Agarwal and Tilak Finance.
猜你喜欢
- Stock markets rally for 3rd day amid firm US equities, foreign fund inflows
- IndiaFirst Life Insurance IPO likely by November
- Indian bond yields seen little changed, higher US yields hurt
- IKIO Lighting files IPO papers with Sebi to mop-up funds
- India vs South Africa- India level series with seven-wicket win in two-day finish
- Steel products maker Shri Balaji Valve Components sets IPO price band at Rs 95-100 per share
- Stock brokers to report cyber attacks within 6 hours of detecting them- Sebi
- India, US to work for global hydrogen ecosystem- MNRE secretary
- IMD Weather Update- Dense fog, cold wave to continue in northern states, rain showers in southern parts; Snow in Hilly regions – Check full forecast