The applicants to the settlement t order were CEO and full-time director Divyesh Shah and his relatives Dravinaben L Desai, Vikram L Desai, and Sharwary V Desai, and Vikram L Desai HUF.
The order cited the two entities had unpublished price sensitive information (UPSI) pertaining to the company's partnership with Vanguard
The order noted, "...information disseminated to the public with respect to the classification of Videocon’s loan account as NPA by Dena Bank was likely to...
The alleged insider trading predates to early this year when Adar Poonawalla had publicly disclosed his intent to acquire a controlling stake in the erstwhile...
The judgment delivered by Justice Cheekati Manavendranath Roy debunks the 'insider trading' theory that the YSR Congress had been harping on since 2016
In December last year, the SEC charged Rajeshwar Gannameneni, 36 with securities fraud, based on his role in a serial insider trading scheme, and obtained a...