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SEBI fines Shilpa Shetty, Raj Kundra Rs 3 lakh for Insider Trading
BY ANI, Jul 28, 2021 10:12 PM - REPORT AN ERROR
SEBI fines Shilpa Shetty, Raj Kundra Rs 3 lakh for Insider Trading/ ANI
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.
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