Madhav Copper Limited has informed the Exchange regarding ''Disclosure of pursuant to 7 (2) (b) of the SEBI (prohibition of Insider Trading) Regulation,2015'.
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Awaiting price reaction for this filing.
The company has filed a disclosure with the exchange as required under Regulation 7(2)(b) of SEBI's Prohibition of Insider Trading Regulations, 2015. This regulation requires insiders (such as promoters, directors, or key managerial personnel) to disclose trades they have made in the company's shares. The headline only confirms the filing of this disclosure, without revealing whether the insider transaction was a buy or a sell, the quantity traded, or the name of the insider involved. Shareholders will need the full disclosure details to assess any change in promoter or insider holdings.
No immediate impact on the stock price can be determined from this announcement alone, as the nature and size of the insider trade are not disclosed in the headline. Investors should check the full filing to understand whether a promoter or insider has bought or sold shares.