Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Kwality's ex-MD Dhingra asked to pay ₹2 cr in insider trading case
short by Mansi Agarwal / on Tuesday, 14 May, 2024
Sanjay Dhingra, the former promoter and MD of dairy firm Kwality, has been asked by SEBI to disgorge ₹2.12 crore profit he made in violation of insider trading rules. SEBI also imposed a ₹5-lakh penalty on Dhingra and barred him from the securities market for six months. Dhingra executed contra trades and traded during trading window closure period, SEBI said.
read more at Moneycontrol