Insider Trading6 May 2026, 04:41 pm
Ambuja Cements Reports Insider Trading Violation
AI Summary
Ambuja Cements Ltd. reported a violation under SEBI's Prohibition of Insider Trading Regulations, 2015. A designated person, Mr. Kiran Kotian, traded 250 equity shares (₹1,29,890) during the trading window closure, including a contra trade. The company issued a warning letter, levied a penalty of ₹25,005, and demanded disgorgement of profit of ₹1,595, directing deposit of these amounts to the Investors Protection and Education Fund (IPEF).
Key Highlights
- Ambuja Cements reports violation of SEBI Insider Trading Regulations by a designated person.
- Mr. Kiran Kotian traded shares during the trading window closure.
- The company levied a penalty of ₹25,005 and disgorgement of profit of ₹1,595.
- The amounts were directed to be deposited to the Investors Protection and Education Fund (IPEF).