March 7, 2025 4:54 PM
SEBI issues warning to Nestle India for insider trading violation
The Securities and Exchange Board of India (SEBI) has issued an administrative warning to FMCG major Nestle India for violating insider trading regulations, the company informed exchanges on Friday. The warning, issued by SEBI’s Deputy General Manager, was addressed to the company’s Compliance Officer (CCO). Nestle India disclosed in a stock exchange filing that it received SEBI’s letter on March 6, 2025. The violation was committed by a designated person within the company. However, Ne...