Announced Tue, 11 Aug · 19:18 IST
Designated Person contra trade flagged under insider trading rules
ZYDUSLIFE · 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
-2.0%1-day move
₹1195.40
prior close
₹1190.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.5-3.0-2.3-2.2-2.0-5.0-5.3-6.7-7.6-6.3————
Up moveDown movePending
AI summary
A designated person (Mr. Ashutosh Patil, Associate Research Scientist) inadvertently made a contra trade in 171 Zydus shares, bought March 11, 2026 and sold May 22, 2026 (value about Rs 3.36 lakh). This violated SEBI insider trading rules (PIT Regulations) and the company's Code of Conduct. The company issued a warning letter and he apologized. Profit of Rs 18,797 was transferred to IEPF. No prior violations. Audit Committee noted this on August 11, 2026.
Likely market impact
Minor compliance lapse by one employee; profit already disgorged to IEPF. Limited impact on shareholders, no SEBI penalty imposed.