Insider trading case: Sebi levies 1 cr fine on Indiabulls Venture, officials - Land.Net News
NEW DELHI: Markets regulator Sebi on Friday slapped a total fine of Rs 1.05 crore on Indiabulls Venture, its former non-executive director, her husband and the firm's company secretary for contravening insider trading norms.
The firm is currently known as Dhani Services.
The former non-executive director, Pia Johnson, and her husband, Mehul Johnson, violated the Prohibition of Insider Trading (PIT) norms by trading in firm's scrip while in possession of unpublished price-sensitive information (UPSI) when the trading window ought to have been closed.
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