Insider Trading12 Nov 2026, 05:10 pm
Moil Ltd Receives SEBI Warning on Insider Trading
AI Summary
Moil Ltd has received an administrative warning letter from SEBI dated 11.11.2026 regarding insider trading activities. A designated person of the company was found to have sold 50 shares worth ₹19,002.50 on April 23, 2024, during a trading window closure. SEBI has advised the individual to avoid such actions in the future. The designated person claims the transaction was inadvertent and that no Unpublished Price Sensitive Information was used. The company has delivered the warning letter and received assurances of future compliance with SEBI (PIT) Regulations, 2015.
Key Highlights
- SEBI issued a warning letter to Moil Ltd regarding insider trading.
- A designated person traded during a closed window.
- The transaction involved 50 shares valued at ₹19,002.50.
- The employee claims the trade was inadvertent and without UPSI.
- SEBI advised strict compliance with PIT Regulations.
Price Impact
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