Abhay Bhutada was found guilty of sharing information about Adar Poonawalla-owned Rising Sun Holdings' proposed stake buy in the company before it was public knowledge.
Market regulator Securities and Exchange Board of India (SEBI) has barred Abhay Bhutada, managing director (MD) and chief executive officer (CEO) of Poonawalla Fincorp (erstwhile Magma Fincorp)
Managing Director Abhay Bhutada was found guilty of sharing information about Adar Poonawalla-owned Rising Sun Holdings' proposed stake buy in the company before it was public knowledge
BENGALURU (Reuters) - Shares of Poonawalla Fincorp fell 5% on Thursday after India's market regulator banned the managing director of the non-banking .
India s Poonawalla Fincorp falls 5% after regulator bans MD for insider trading | WSAU News/Talk 550 AM · 99 9 FM wsau.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsau.com Daily Mail and Mail on Sunday newspapers.