Adjudication Order in respect of Rosita Rabindra in the matter of NIIT Technologies Ltd

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Last updated: 29 September 2020
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This adjudication order concerns Rosita Rabindra, former Chief People Officer of NIIT Technologies Ltd. SEBI investigated suspected insider trading and found that Ms. Rabindra allegedly failed to disclose her sale transactions of company shares during February and March 2015. These disclosure failures are in contravention of SEBI's Prohibition of Insider Trading Regulations.

Court :
SEBI

Brief :
UNDER SECTION 15 -I OF THE SECURITIES AND EXCHANGE BOARD OF INDIA ACT, 1992 READ WITH RULE 5 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (PROCEDURE FOR HOLDING INQUIRY AND IMPOSING PENALTIES) RULES, 1995

Citation :
ADJUDICATION ORDER NO: Order/AA/AR/2020-21/9195

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