Today news
About the same in other media
Rupa and Company Case: Sebi penalises two entities for violating insider trading norms
Reading now: 542
Sebi has levied penalties totalling Rs 20 lakh on two entities for flouting insider trading norms in the shares of Rupa and Company Ltd (RCL). The regulator imposed a fine of Rs 10 lakh each on Sushil Patwari (Independent Director of RCL) and Nagreeka Capital and Infrastructure Ltd (NCIL).
The order came after Sebi conducted an investigation in the scrip of RCL, to ascertain as to whether certain entities have traded in the company during February-June, 2021, while in the possession of unpublished price sensitive information (UPSI).
The unpublished price sensitive information related to the announcement of financial results for the quarter and year ended March 2021.
About this in other media
Russian businessman convicted in insider trading scheme that used hacked company information gets 9 years in US prison abcnews.go.com /1 year ago
Washington D.C. Attorney Faces SEC Insider Trading Charges blockchain.news /1 year ago
UK to test Regulated Liability Network concept for retail payments finextra.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
