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Sebi penalises 2 promoter companies of Videocon Industries

14 Sep 2021 Evaluate

Markets regulator Sebi has penalized Videocon Realty and Infrastructures and Electroparts (India) for making wrong disclosures concerning transactions in shares of Videocon Industries. The entities have violated Prohibition of Insider Trading (PIT) norms.

Both the entities are promoters of Videocon Industries, as per shareholding data available with BSE for the quarter ended September 2020.

Videocon Industries (VIL) is the flagship company of the Videocon Group.

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