New Delhi : Markets regulator Sebi on Wednesday barred eight entities from the securities markets and impounded illegal gains of Rs 173.14 crore made by them through insider trading in the shares of Indian Energy Exchange Ltd (IEX)."I am of the prima facie opinion that the noticees (eight entities) had access to the UPSI pertaining to the CERC order, and based on the trading pattern of the noticees, an irresistible inference can be drawn that their trades, being insiders, were influenced by the possession of UPSI," Sebi Whole-Time Member Kamlesh Varshney said in his 45-page interim order.
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>> SEBI impounds 173.14 Cr in the IEX insider trading case linked to the market decoupling order.
>> Bank accounts of 8 individuals frozen to the extent of gains & directed to