Sebi penalises 2 Videocon Ind promoter cos for violating insider trading norms
Under PIT Regulations, an entity being a promoter/director/designated person of the company has to file disclosures to the company within two trading days of such transactions, if the value of the securities traded, whether in one transaction or a series of transactions over any calendar quarter, aggregates to a traded value in excess of Rs 10 lakh
Both the entities are promoters of Videocon Industries, as per shareholding data available with BSE for the quarter ended September 2020