R K Swamy Limited has informed the Exchange regarding 'Reporting of violation of Company s Code of Conduct to Regulate, Monitor and Report Trading by Designated Persons ( Code ) under Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended ( SEBI PIT Regulations )'.
RKSWAMY · price
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R K Swamy Limited has reported that Mr. Sandeep Sharma, Executive Director & President of R K Swamy Media Group, inadvertently traded in the company's shares during the closed trading window period, in violation of SEBI's Prohibition of Insider Trading (PIT) Regulations. He sold 1,500 shares in three tranches on May 23, 2025, at prices between Rs. 187.75 and Rs. 188.94, for a total value of approximately Rs. 2.83 lakh. The company's Audit Committee reviewed the matter and concluded it was an act of negligence rather than deliberate intent, with no mala-fide motive. As a first-time offence, the Committee issued only a warning without any monetary penalty, and no SEBI action has been triggered.
This is a self-reported, minor compliance lapse with no financial penalty and no SEBI sanction. While it reflects weak insider trading controls at the executive level, the small transaction size, first-time nature, and corrective warning limit any meaningful negative impact on the stock or shareholder sentiment.