ABB India has received a warning from Sebi for violation of insider trading rules by two of its employees. The warning letter was issued on November 8, 2024.
Photograph: Francis Mascarenhas/Reuters
New Delhi, Nov 15 (PTI) ABB India on Friday said it has received a warning letter from stock markets regulator Sebi for violation of insider trading rules by two of its employees.
The warning letter dated November 8, 2024 has been received on November 14, 2024, ABB India said in an exchange filing.
"The company secretary has received administrative warning letter from Deputy General Manager SEBI for violation of SEBI (Prohibition of Insider Trading) Regulations, 2015 by two designated persons of the company," it said.
ABB is a global technology leader in electrification and automation.
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