Sebi sends cautionary letter to Nestle India for alleged insider trading, Nestle assures no impact on operations.

The Securities and Exchange Board of India (Sebi) has recently sent a cautionary letter to Nestle India regarding an alleged case of insider trading involving a senior executive. Nestle has responded by stating that the incident will not impact its financial or operational activities. Sebi’s stringent regulations are designed to uphold fair market practices and safeguard the interests of retail investors. This development underscores the importance of transparency and compliance with regulatory norms in the Indian securities market.

In Trend

Gold and silver prices hold steady; analysts foresee volatility amid upcoming US economic data, futures close higher.

“India’s COVID-19 vaccine drive for children aged 12-14 to begin from March 16”

Leave a Reply

Your email address will not be published. Required fields are marked *