SEBI order traces 15-month delay in IndusInd Bank's derivatives disclosure: Full Timeline of Events
The interim order also impounds their bank accounts to the extent of gains allegedly made from trades based on unpublished price-sensitive information (UPSI). SEBI's findings reveal that key executives were aware of significant discrepancies in the bank’s derivative portfolio by November 2023 but delayed public disclosure until March 2025.
The interim order also impounds their bank accounts to the extent of gains allegedly made from trades based on unpublished price-sensitive information (UPSI). SEBI's findings reveal that key executives were aware of significant discrepancies in the bank’s derivative portfolio by November 2023 but delayed public disclosure until March 2025.
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