Published on : 16 Oct 2025, 9:45 am 3 min read
The Securities and Exchange Board of India (SEBI) has impounded ₹173.14 crore in alleged insider-trading profits and barred eight individuals from accessing the securities market, after finding that they traded in shares and derivatives of Indian Energy Exchange Ltd (IEX) on the basis of confidential information leaked from the Central Electricity Regulatory Commission (CERC) ahead of its market coupling order.
The ex-parte interim order passed by Whole-Time Member Kamlesh Varshney under Sections 11(1), 11(4), and 11B of the SEBI Act said there was “enough concrete prima facie evidence on record in the form of documentary evidence found on the device of Bhoovan pertaining to the CERC order, minutes of meetings held earlier in