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SEBI fines Shilpa Shetty, Raj Kundra Rs 3 lakh for insider trading


SEBI fines Shilpa Shetty, Raj Kundra Rs 3 lakh for insider trading
The fine has been imposed on Kundra, Shetty and their company for a delay of three-year in the mandatory disclosure to stock exchanges.
Shilpa Shetty, Raj Kundra | File photo
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Updated: Jul 29, 2021, 08:16 AM IST
The Securities and Exchange Board of India (SEBI) on Wednesday imposed a penalty of Rs 3 lakh on Hungama 2 actor Shilpa Shetty Kundra, her businessman husband Raj Kundra alias Ripu Sudan Kundra and their company Viaan Industries for violation of its Insider Trading rules. 
As per the SEBI order, the fine has been imposed on Kundra, Shetty and their company for a delay of three-year in the mandatory disclosure to stock exchanges. The market regulator said the penalty has to be paid jointly and severally by Kundra and Shetty, who are promoters of Viaan Industries. Securities and Exchange Board of India had conducted an investigation into the trading/ ....

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