Piramal co MD, two others pay RS 44 crore to settle Sebi probe | India News – Times of India
MUMBAI: Piramal Capital Housing Finance’s MD and his wife, along with another entity, have settled a Sebi investigation over insider trading by paying about Rs 43.5 crore. According to Sebi’s order, the three entities accrued illegal gains worth nearly Rs 16 crore after buying shares of Piramal Enterprises (holding company) using unpublished price sensitive information.Of…