BENGALURU: MARKET REGULATOR Self A confirmation order was passed on Monday relating to insider trading by the employees of Infosys And Wipro In the interim order passed in September in Infi Stock, SEBI had banned the employee of Infosys. Ramit Choudhary and prevented Wipro employee Keyur Maniyar from entering the securities market and forfeiture of illegal proceeds of Rs 2.6 crore. In the confirmation order, SEBI said that the amount has been deposited.
The order states that if Choudhary and Maniyar have any open positions in any exchange-traded derivatives contract as on the date of the order, they shall close/close such open positions within three months from the date of the order or on such expiry. can do. contract, whichever is earlier.
Chowdhary was part of Infosys pawn deal And he had access to unpublished price-sensitive information that had apparently been passed on to Keyur, his former colleague at Wipro, which helped Keyur to trade in Infosys shares while in possession of the information.
The order states that if Choudhary and Maniyar have any open positions in any exchange-traded derivatives contract as on the date of the order, they shall close/close such open positions within three months from the date of the order or on such expiry. can do. contract, whichever is earlier.
Chowdhary was part of Infosys pawn deal And he had access to unpublished price-sensitive information that had apparently been passed on to Keyur, his former colleague at Wipro, which helped Keyur to trade in Infosys shares while in possession of the information.
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