Zee pays ₹7 lakh to settle 'delayed disclosure' case with SEBI
SEBI probe had found Zee made delayed disclosure -- 54 days in 3 instances and 27 days in 2 instances -- to exchanges over the invocation of pledged shares
SEBI probe had found Zee made delayed disclosure -- 54 days in 3 instances and 27 days in 2 instances -- to exchanges over the invocation of pledged shares
SEBI's investigation concluded that the launch of Zeeplex was Unpublished Price Sensitive Information (UPSI) which had not been considered as such by ZEE.
So far, units of mutual funds are excluded from PIT Regulations; move would limit fund managers or senior fund officials from selling units if they have any "price-sensitive information"
There can, after all, be only one book he can write to set the record straight.
Former McKinsey head Rajat Gupta says writing his memoir was cathartic and it brings closure to the chapter on insider trading in his life.