Announced Mon, 15 Jun · 19:04 IST
Sasken employee violates insider trading code; Rs 25,000 penalty imposed
SASKEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+13.4%1-day move
₹2122.90
prior close
₹2126.30
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.2+0.9+0.8+1.3+13.4+24.7+20.8+15.7+11.2+5.3-6.9-7.1——
Up moveDown movePending
AI summary
Sasken Technologies reported an insider trading code violation by Senior Architect Praveen Kumar. Between May 12-27, 2026, he traded SASKEN shares without pre-clearance and delayed reporting, with trades worth over Rs 24 lakh. The company issued a warning, imposed a Rs 25,000 penalty (to be deposited in SEBI IEPF), and barred him from ESOPs for 3 years. The employee said the default was inadvertent; no prior violations on record.
Likely market impact
Minor isolated incident involving one employee; prompt corrective action taken. Unlikely to materially affect the stock or shareholders.