Endurance Technologies Limited has informed the Exchange regarding violation to the Company's Code of Conduct for Prevention of Insider Trading under the SEBI (Prohibition of Insider Trading) Regulations, 2015
ENDURANCE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Endurance Technologies informed the exchanges that two of its designated employees — Mr. Bisad Bhanjan Kar (Financial Controller) and Mr. Anish Kumar Kar (Treasury & Investor Relations) — violated the company's insider trading code by executing contra trades. Specifically, they sold shares within six months of buying them: Mr. Bisad sold 5 shares on May 21, 2025, after buying on March 20, 2025, and Mr. Anish sold 6 shares on May 21, 2025, after buying in March 2025. Both employees claimed the trades were inadvertent. The company levied a penalty of Rs. 2,500 on each employee and advised strict future compliance. The penalty amount was paid via UPI to SEBI's Investor Protection and Education Fund on June 3, 2025. Neither employee is a promoter, and neither has prior violations on record.
This is a minor, routine procedural disclosure with negligible financial impact — only a handful of shares were involved and the penalties are token amounts. No action has been taken against the company by SEBI, and the disclosure reflects the company's own internal compliance process, suggesting good governance rather than a regulatory concern for shareholders.