Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Economic Times
The Economic Times
Akash Podishetti

Sebi fines two Jindal Steel designated persons for trading-window violations

Sebi has imposed a penalty of Rs 1 lakh each on two designated persons of Jindal Steel & Power Ltd for trading in the company’s shares and stock options during the trading-window closure period and for executing trades without pre-clearance.

The order was passed against Ramakant Gupta and Manish Kumar Sowatia in a matter related to trading in the scrip of Jindal Steel & Power. Both were designated persons of the company under its code of conduct framed under insider trading regulations.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.