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Individual pays Rs 39 lakh to settle insider trading violation case with Sebi
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Individual pays Rs 39 lakh to settle insider trading violation case with SebiLast Updated: September 23, 2025, 21:30 ISTRepresentational image (Image: News18)New Delhi, Sep 23 (PTI) An individual on Tuesday settled with market regulator Sebi a case of alleged violation of insider trading norms after paying Rs 39 lakh towards settlement charges.
The Securities and Exchange Board of India (Sebi) had initiated adjudication proceedings against Shah for the alleged violation of PIT (Prohibition of Insider Trading) rules.
Accordingly, Rishi Sudhirbahi Shah filed revised settlement terms which were approved by the Sebi’s high powered advisory committee.
PTI HG HG MRFirst Published: September 23, 2025, 21:30 ISTNews agency-feeds Individual pays Rs 39 lakh to settle insider trading violation case with SebiDisclaimer: Comments reflect users’ views, not News18’s.
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