अब आप न्यूज्ड हिंदी में पढ़ सकते हैं। यहाँ क्लिक करें
Home » IANS » SEBI fines Titan Company employee for insider trading

SEBI fines Titan Company employee for insider trading

By IANS
Published on :

Mumbai, Oct 30 (IANS) The Securities and Exchange Board of India (SEBI) has imposed a penalty of Rs 2 lakh on an employee of Titan Company, Theekevedu B. Alexander, for violating insider trading norms in 2018.

The investigation by the capital markets regulator found that the designated employee of the company and his spouse had traded in the scrip of Titan when the trading window was closed, in violation of SEBI (PIT) Regulations, 2015.

Alexander had traded on two trading days during the period from September 23 to November 12, 2018 — a period during which the trading window was closed.

The noticee will have to pay the said amount of penalty within 45 days of receipt of the order.

–IANS

rrb/arm

(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
(For more latest news and updates Like us on Facebook, Follow us on Twitter. Download our mobile app )

Latests Posts