New Delhi, April 25 (IANS) The Securities and Exchange Board of India (SEBI) has issued an administrative warning to Manappuram Finance Ltd Chairman and Managing Director, V.P. Nandakumar, for delayed disclosure of share pledge transactions, the company said in a regulatory filing on Saturday.The warning was issued via a letter dated April 24 related to a delay in disclosure of pledge of shares by the NBFC’s CMD in his personal capacity for transactions carried out between September 21 and Septe…
Latest Abhijit Sen News & Updates
Mumbai, April 8 (IANS) Manappuram Finance Limited on Wednesday said that it has reported a violation of its code of conduct under insider trading rules, involving a transaction carried out through the portfolio management services (PMS) account of one of its independent directors.The company said the trade was linked to Abhijit Sen, who serves as an Independent and Non-Executive Director and is also the Chairman of the Audit Committee.According to the disclosure, the transaction took place on Fe…