Infosys settles insider trading charges with Sebi, agrees to pay Rs 25 lakh fine

June 27, 2024

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BENGALURU: India’s No.2 IT services exporter data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms” rel=”noopener”>Infosys‘ CEO data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/salil-parekh” target=”_blank” rel=”noopener”>Salil Parekh has settled charges of violating provisions of insider trading, the country’s markets regulator said on Thursday.

Parekh agreed to pay Rs 25 lakh (around $30,000) for failing to have adequate controls to prevent insider trading, the Securities and Exchange Board of India said.

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The Economic Times

Infosys settles insider trading charges with Sebi, agrees to pay Rs 25 lakh fine

June 27, 2024

, Published By The Economic Times

Tech

Parekh agreed to pay Rs 25 lakh (around $30,000) for failing to have adequate controls to prevent insider trading, the Securities and Exchange Board of India said.