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Insider Trading – Nestle
March 14 , 2025
4 hrs 0 min
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- The Market watchdog SEBI has issued a warning letter to the FMCG major Nestle India over alleged violation of Insider Trading norms by a senior official of the company.
- Insider trading is one of the most serious malpractices that exists in the market.
- The SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) prohibits insider trading in India.
- They aim to prevent people directly associated with the company from trading in securities based on unpublished price-sensitive information.
- Section 11(2) E of the Companies Act, 1956 prohibits insider trading.
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