The SAT concluded that Biyani and Future had not indulged in insider trading since the information based on which they had made their trades was "generally available" in the public domain through various media reports.
The SAT has concluded that the information said to have been possessed by the Roys when the traded in the NDTV shares was not price sensitive, contrary to the SEBI findings on this aspect.
The SEBI order dated January 19, 2021 had directed the French company to either re-list on a nationwide stock exchange or provide an exit opportunity to its public shareholders through the delisting mechanism, , sebi