Insider Trading Detected: SEBI takes strict action against 5 top executives named in IndusInd Bank case

Insider Trading Detected: SEBI takes strict action against 5 top executives named in IndusInd Bank case

Capital market regulator SEBI has cracked the whip on five top executives in connection with suspected insider trading in the IndusInd Bank stock. According to an ex parte interim order issued by the market watchdog, the individualsĀ used undisclosed price sensitive information to offload certain quantities of the lender’s stockĀ to illegally avoid imminent losses worth an…

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SEBI mandates cooling-off period for directors moving between competing market institutions

SEBI mandates cooling-off period for directors moving between competing market institutions

The Securities and Exchange Board of India (SEBI) has introduced stricter rules to improve governance at key market infrastructure institutions (MIIs) such as stock exchanges, clearing corporations, and depositories. In a move aimed at preventing conflicts of interest and ensuring market integrity, the SEBI has made it mandatory for certain directors to observe a cooling-off…

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