This is to inform you about the violation of Company''s Code of Conduct to Regulate, Monitor and Report Trading by Designated Person and Immediate Relatives and action taken by the Company ....
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RDB Infrastructure and Power Ltd informed stock exchanges that its Chairperson & Whole Time Director, Mr. Rajeev Kumar, violated the company's insider trading code by trading during the trading window closure period. Specifically, he sold 1,000 shares on 12 September 2024 (value ₹3.85 lakh) and executed a contra trade on 4 December 2024 (bought 349 shares at ₹526 and sold 8 shares at ₹553), while also failing to report these trades to the company as required under SEBI's PIT Regulations. After the BSE raised a query, the Audit Committee reviewed the matter on 13 November 2025 and concluded the violation was technical and unintentional, with no misuse of unpublished price-sensitive information. The director was issued an advisory letter, directed to disgorge profits of ₹215.92, and paid ₹25,000 penalty to the SEBI Investor Protection and Education Fund (total ₹25,216 remitted online on 14 November 2025). The company also committed to conducting compliance training for all designated persons.
This is a minor, self-reported compliance lapse by a key director with no SEBI enforcement action or allegation of actual insider trading on price-sensitive information. The financial impact is negligible (under ₹26,000), so shareholders are unlikely to see any meaningful stock price reaction, though it may raise short-term governance optics.