Express News Service
BENGALURU: Two executives of IT major Infosys Pranshu Bhutra, Senior Corporate Counsel and Venkata Subramaniam VV, Senior Principal, Corporate Accounting Group may face suspension if allegations that they shared unpublished price sensitive information are proven, legal experts told this publication.
On May 31, SEBI barred both the Infosys employees, as well as six other entities, from trading after finding prima facie that they had helped traders earn profits worth Rs 3 crore from June-July,2020.
In August 2020, Infosys had fined its independent director Bobby Parikh for inadvertent trading by his wife’s portfolio company, which violated the company’s policies.