https://www.taxtmi.com/caselaws?id=301956 The court found the Noticees guilty of insider trading related to Unpublished Price Sensitive Information (UPSI) concerning PC Jeweller's buyback plans. Noticee No. 5, as MD, and others were deemed insiders due to possessing UPSI. Trading during UPSI periods led to gains and avoided losses. Communication of UPSI was attributed to Noticee No. 5. Notional gains and losses were calculated, resulting in penalties, disgorgement orders, and market access restrictions for the Noticees, emphasizing the importance of upholding market integrity. en-us Tue, 11 May 2021 00:00:00 +0530 Thu, 28 Apr 2022 12:47:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301956 The court found the Noticees guilty of insider trading related to Unpublished Price Sensitive Information (UPSI) concerning PC Jeweller's buyback plans. Noticee No. 5, as MD, and others were deemed insiders due to possessing UPSI. Trading during UPSI periods led to gains and avoided losses. Communication of UPSI was attributed to Noticee No. 5. Notional gains and losses were calculated, resulting in penalties, disgorgement orders, and market access restrictions for the Noticees, emphasizing the importance of upholding market integrity. Case-Laws SEBI Tue, 11 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301956