- Sebi has charged Murugappa group chairman A Vellayan with insider trading in Sabero Organic Gujarat shares and ordered him to return Rs 2.15 crore made on the transaction
- Three more individuals-- Gopalkrishanan C, V Karuppiah and M Subramaniam-too have been charged for the same violation.
- Sebi's investigation analysed the trading pattern, KYC documents and bank account statement of the suspected entities which revealed that Gopalkrishanan had traded in the stock.
Friday, May 22, 2015
Sebi charges Murugappa chief, 3 more with insider trading
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