Announced Tue, 17 Jun · 15:08 IST

Disclosure pursuant to Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015

Ownership Changes View source PDF

EMKAY · price

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AI summary

Emkay Global Financial Services has disclosed that Mr. Parag Morey, Head of Wealth Management and a Designated Person under insider trading rules, sold 8,500 equity shares over two trading days. On June 13, 2025, he sold 7,639 shares for approximately Rs. 18.77 lakh on the NSE, and on June 16, 2025, he sold 861 shares for about Rs. 2.10 lakh on the BSE. Both transactions were carried out in the open market. His shareholding fell from 36,321 shares (0.14%) to 27,821 shares (0.11%) of the company. The disclosure was filed with both NSE and BSE on June 17, 2025, as required under SEBI's Prohibition of Insider Trading Regulations.

Likely market impact

This is a routine insider trading compliance disclosure involving a small sale by a designated employee, with negligible impact on overall shareholding or the stock price. It does not signal any promoter-level or institutional activity.