New Delhi, Sep 24 (PTI) Nucleus Software on Wednesday said it has taken disciplinary action against its employee who has been penalised by market regulator Sebi for allegedly indulging in insider trading.

The company’s statement came a day after markets regulator Sebi imposed a penalty of Rs 25 lakh on two individuals for indulging in insider trading in the shares of Nucleus Software Exports Ltd during the period from March 1, 2023, to June 16, 2023.

Parag Bhise, Chief Executive Officer & Executive Director of Nucleus Software said: “This development pertains to individual conduct and does not reflect the values, culture or governance standards of our organisation, we have taken immediate disciplinary action against the concerned employees." “We continue to strengthen our compliance fram

See Full Page