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HomeBusinessHEG addresses insider trading compliance issues with promoter group - Business Upturn

HEG addresses insider trading compliance issues with promoter group – Business Upturn

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HEG addresses insider trading compliance issues with promoter group – Business Upturn

HEG Limited has addressed a compliance issue concerning insider trading regulations involving members of its promoter group. The company identified non-compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and its internal code of conduct by Mr. Nivedan Churiwal, Ms. Shubha Churiwal, and Ms. Sudha Churiwal. These individuals executed trades in the company's equity shares without obtaining prior pre-clearance…

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