Titan case: Sebi fines 8 individuals for breach of insider trading norms ...Middle East

Economy by : (Business Standard) -
Markets regulator Sebi on Wednesday imposed fines totalling Rs 8 lakh on eight individuals for violation of insider trading norms in the shares of Titan Company Ltd. The regulator slapped a fine of Rs 1 lakh each on Kuldeep Singh Yadav, Ganesh Kumar K, K Ramakrishna, P Tamilarasan, O Boopathi, Ketan Shantilal Savaliya, Rakesh Kishor Rathod and Soma Bhattacharya, according to eight separate orders. The transactions were carried out by the designated persons/employees of Titan between April 2018 and March 2019. The order came after Sebi received a letter from Titan Company Ltd (TCL) wherein the company intimated the market watchdog about contravention of PIT (Prohibition of Insider Trading) re

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