https://www.taxtmi.com/news?id=64575 The regulator investigated allegations that a director communicated unpublished price-sensitive information about a proposed acquisition and that relatives traded on that UPSI. It found contemporaneous news reports had placed the information in the public domain before the contested call, that the market had already reacted, and that the trades occurred after public dissemination. On that basis the regulator concluded there was no evidence of UPSI communication or trading on non-public information and disposed of the show-cause proceedings without imposing penalties. en-us Fri, 12 Dec 2025 22:01:03 +0530 Fri, 12 Dec 2025 22:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=64575 The regulator investigated allegations that a director communicated unpublished price-sensitive information about a proposed acquisition and that relatives traded on that UPSI. It found contemporaneous news reports had placed the information in the public domain before the contested call, that the market had already reacted, and that the trades occurred after public dissemination. On that basis the regulator concluded there was no evidence of UPSI communication or trading on non-public information and disposed of the show-cause proceedings without imposing penalties. News - Fri, 12 Dec 2025 22:01:03 +0530 https://www.taxtmi.com/news?id=64575