Mumbai, May 29, 2025 – The Securities and Exchange Board of India (SEBI) has barred five senior executives of IndusInd Bank from the securities market in connection with an insider trading case involving Rs 19.78 crore. SEBI’s investigation revealed that the executives traded shares based on unpublished price-sensitive information, violating the regulatory norms meant to ensure market fairness and transparency. The regulator’s action aims to uphold market integrity and deter misuse of confidential information.
The banned executives have been prohibited from accessing the securities market for a specified period, and SEBI has imposed penalties to reinforce the seriousness of insider trading violations. IndusInd Bank has stated its commitment to fully cooperate with the regulatory authorities and strengthen its internal controls to prevent such incidents in the future. This move underscores SEBI’s vigilance in maintaining investor confidence and a fair trading environment.
