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of <h1>Penalty for Insider Trading Under Section 15G of SEBI Act Increased to Up to 25 Crore or Triple Profits</h1> Section 15G of the Securities and Exchange Board of India Act, 1992, as amended by the Securities Laws (Amendment) Act, 2014, modifies the penalty for insider trading. The amendment replaces the previous penalty language with a new provision stating that the penalty shall not be less than ten lakh rupees but may extend to twenty-five crore rupees or three times the amount of profits made from insider trading, whichever is higher.
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