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Future Retail CEO Kishore Biyani barred from securities market for insider trading
The Securities and Exchange Board of India (SEBI) has barred Future Retail CEO Kishore Biyani, among others, from the securities market for a period of one year for insider trading in the scrip of Future Retail (FRL). The other entities and individuals barred from the securities market are Future Corporate Resources Private Limited (FCRPL), Kishore Biyani s brother Anil Biyani, Rajesh Pathak and Rajkumar Pande.
An investigation found that some of the entities traded in shares of Future Retail on the basis of unpublished price sensitive information (UPSI) violating SEBI norms during the period between March 10 and April 20, 2017.
Kishore Biyani barred from securities market for 1 year
By IANS |
Published on
Wed, Feb 3 2021 21:18 IST |
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Mumbai: Kishore Biyani, CEO, Future Group and MD during the launch of Oats brand Kosh as India s third grain in Mumbai on Oct. 17, 2016. . Image Source: IANS News
New Delhi, Feb 3 : The Securities and Exchange Board of India (SEBI) on Wednesday barred Future Retail CEO Kishore Biyani, among others, from the securities market for a period of one year for insider trading in the scrip of Future Retail (FRL).
The other entities and individuals barred from the securities market are Future Corporate Resources Private Limited (FCRPL), Kishore Biyani s brother Anil Biyani, Rajesh Pathak and Rajkumar Pande.
SEBI bars Kishore Biyani from securities market for 1 year for insider trading IANS
New Delhi: The Securities and Exchange Board of India (SEBI) Wednesday barred Future Retail CEO Kishore Biyani, among others, from the securities market for a period of one year for insider trading in the scrip of Future Retail (FRL).
The other entities and individuals barred from the securities market are Future Corporate Resources Private Limited (FCRPL), Kishore Biyani’s brother Anil Biyani, Rajesh Pathak and Rajkumar Pande.
An investigation found that some of the entities traded in shares of Future Retail on the basis of unpublished price sensitive information (UPSI) violating SEBI norms during the period between March 10 and April 20, 2017.