Clarification19 May 2026, 04:51 pm
IndusInd Bank Denies Receiving Summons in Insider Trading Case
AI Summary
IndusInd Bank has responded to a media article published by Moneycontrol on May 18, 2026, regarding SEBI summons to the company's secretary in an insider trading case involving a former top official. The bank clarified that it has not received any summons from the authorities. Furthermore, the bank stated that references to the Company Secretary and the Audit Committee Chairperson, Ms. Bhavna Doshi, in the media report are unsubstantiated and urged all concerned to refrain from drawing conclusions based on unverified reports.
Key Highlights
- IndusInd Bank denies receiving SEBI summons related to insider trading.
- The bank refutes claims against its Company Secretary and Audit Committee Chairperson.
- The bank urges caution against unverified media reports.
- The clarification addresses a Moneycontrol article published on May 18, 2026.
Price Impact
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