PURVANSEPuravankara Limited· ConstructionMediumNegative
Announced Tue, 6 Jan · 17:59 IST

Puravankara Limited has informed the Exchange regarding intimation 'Regulation 9 read with Schedule B of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015'.

Insider Trading ChargeRegulatory & Legal View source PDF

PURVA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Puravankara Limited informed the exchanges that Mrs. Sonika Agarwal, wife of designated person Mr. Raj Kumar Agarwal, violated the company's Code of Conduct under SEBI's Prohibition of Insider Trading (PIT) Regulations by selling 550 equity shares within six months of acquisition (a contra-trade violation). On 23 December 2025, 600 shares worth Rs 1,54,400 were traded. The default was described as inadvertent and unintentional, with no unpublished price-sensitive information involved. The company issued a written warning, directed disgorgement of profits of Rs 2,837 by Mrs. Agarwal, and levied a Rs 5,000 penalty on Mr. Agarwal, with both amounts transferred to the SEBI Investor Protection and Education Fund on 6 January 2026.

Likely market impact

This is a minor, self-reported procedural violation (contra-trade rule) handled internally with nominal penalties and no SEBI prosecution. Minimal impact on shareholders; the company has demonstrated compliance with disclosure norms and zero-tolerance policy, which is mildly positive for governance optics.