Sebi slaps Rs 0
时间:2024-06-17 16:39:59 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
- Axis Bank share price tanks 2% after Q4 net profit tumbles on Citi Bank acquisition; Should you buy, hold, sell-
- Nifty tops 16900, Sensex surges 1000 pts amid easing rate hike fears after Fed meet; relief rally may continue
- Nifty, Sensex lag on weak IT shares; Jio Financial Services share price beats estimates
- Budget 2024- Extend all MSME benefits to retail traders, urges retailers’ body RAI
- BOB, IDBI, SBI Capital in race to manage IREDA IPO
- BlackRock sets lower fee for spot bitcoin ETF compared to peers
- Bank Nifty weak in short-medium term, Nifty support at 17000; Use PUT Spread strategy for this F&O expiry week
- Auto ancillary stocks in top gear- What’s driving the rally-
- BharatGPT- Akash Ambani drops key updates on Reliance Jio-IIT Bombay’s key AI project