Intimation under Regulation 7(2 (B) of SEBI (PIT) 2015 by Mr Sunil Chandra a Promotor and Director.
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Scan Projects Ltd has filed an intimation under Regulation 7(2)(B) of the SEBI (Prohibition of Insider Trading) Regulations, 2015, submitted by Mr. Sunil Chandra, who is a Promoter and Director of the company. This regulation requires insiders to disclose trades in the company's securities. The filing is a compliance disclosure, though the specific details of the trade (buy or sell) and quantum are not provided in the headline. The announcement is sourced from BSE.
This is a routine regulatory compliance filing by a promoter. Without details on the nature and size of the trade, the direct impact on shareholders is limited, but it keeps investors informed of insider activity in the stock.