Thursday, 27 June, 2024

Infosys Settles Insider Trading Charges with SEBI, Pays Rs 25 Lakh Fine

Infosys has resolved insider trading allegations by agreeing to pay a Rs 25 lakh fine to the Securities and Exchange Board of India (SEBI). The charges involved alleged trading by certain designated persons during restricted periods. This settlement aims to conclude the regulatory scrutiny and reinforce Infosys' commitment to compliance and corporate governance standards.